Bemco Hydraulics Ltd Dividend 2024 : Should Bemco Hydraulics Ltd be a part of your dividend portfolio?
Bemco Hydraulics Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹302.50Cr. Its share price is ₹1,397.75 as on 24 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Bemco Hydraulics 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 Bemco Hydraulics Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Bemco Hydraulics Ltd has declared dividend of ₹2 - translating a dividend yield of 0.14%.
Let's look at Bemco Hydraulics Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Bemco Hydraulics Ltd’s revenue were ₹28.74Cr in the quarter ending March 2024. The revenue grew by 65.65% year on year basis since last quarter.
Bemco Hydraulics Ltd’s profits were ₹2.15Cr in the quarter ending March 2024. The profits grew by 18.78% year on year basis since last quarter.
Bemco Hydraulics Ltd’s dividend was ₹2 in the quarter ending March 2024.