Bansal Roofing Products Ltd Dividend 2024 : Should Bansal Roofing Products Ltd be a part of your dividend portfolio?
Bansal Roofing Products Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹116.18Cr. Its share price is ₹88.74 as on 2 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Bansal Roofing Products Ltd gave ₹2 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Industrials stocks do not always pay a dividend but as Bansal Roofing Products Ltd pays dividends to reward its shareholders.
In the quarter ending March 2021, Bansal Roofing Products Ltd has declared dividend of ₹1 - translating a dividend yield of 2.25%.
Let's look at Bansal Roofing Products Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Bansal Roofing Products Ltd’s revenue were ₹25.72Cr in the quarter ending December 2023. The revenue grew by 14.41% year on year basis since last quarter.
Bansal Roofing Products Ltd’s profits were ₹0.77Cr in the quarter ending December 2023. The profits fell by -12.5% year on year basis since last quarter.
Bansal Roofing Products Ltd’s dividend was ₹1 in the quarter ending March 2021.
Bansal Roofing Products Ltd Dividend related ratios: