Bikaji Foods International Ltd Dividend 2024 : Should Bikaji Foods International Ltd be a part of your dividend portfolio?
Bikaji Foods International Ltd is one of the most popular FMCG company in the world with a market capitalisation of ₹17,680.74Cr. Its share price is ₹710.25 as on 24 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Bikaji Foods International Ltd gave ₹1.75 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
FMCG stocks do not always pay a dividend but as Bikaji Foods International Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Bikaji Foods International Ltd has declared dividend of ₹1 - translating a dividend yield of 0.25%.
Let's look at Bikaji Foods International Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Bikaji Foods International Ltd’s revenue were ₹625.95Cr in the quarter ending March 2024. The revenue grew by 34.08% year on year basis since last quarter.
Bikaji Foods International Ltd’s profits were ₹116.24Cr in the quarter ending March 2024. The profits grew by 208.25% year on year basis since last quarter.
Bikaji Foods International Ltd’s dividend was ₹1 in the quarter ending March 2024.
Bikaji Foods International Ltd Dividend related ratios:
Last dividend date: 23/05/2024
Current Dividend Yield: 0.25%
Annual dividend payment: ₹1.75
Bikaji Foods International Ltd Dividend v/s Bikaji Foods International Ltd Share price
History of Bikaji Foods International Ltd's Dividend payments