AVG Logistics Ltd Dividend 2024 : Should AVG Logistics Ltd be a part of your dividend portfolio?
AVG Logistics Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹695.65Cr. Its share price is ₹512.45 as on 16 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, AVG Logistics Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Utilities stocks do not always pay a dividend but as AVG Logistics Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, AVG Logistics Ltd has declared dividend of ₹1 - translating a dividend yield of 0.20%.
Let's look at AVG Logistics Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
AVG Logistics Ltd’s revenue were ₹125.28Cr in the quarter ending December 2023. The revenue grew by 16.87% year on year basis since last quarter.
AVG Logistics Ltd’s profits were ₹4.80Cr in the quarter ending December 2023. The profits grew by 255.56% year on year basis since last quarter.
AVG Logistics Ltd’s dividend was ₹1 in the quarter ending March 2023.