Cenlub Industries Ltd Dividend 2024 : Should Cenlub Industries Ltd be a part of your dividend portfolio?
Cenlub Industries Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹181.08Cr. Its share price is ₹380.60 as on 24 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Cenlub Industries Ltd gave ₹2.50 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 Cenlub Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2019, Cenlub Industries Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.66%.
Let's look at Cenlub Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Cenlub Industries Ltd’s dividend was ₹2.50 in the quarter ending March 2019.