Cindrella Hotels Ltd Dividend 2024 : Should Cindrella Hotels Ltd be a part of your dividend portfolio?
Cindrella Hotels Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹19.69Cr. Its share price is ₹54.40 as on 15 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Cindrella Hotels Ltd gave ₹2 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Cyclical stocks do not always pay a dividend but as Cindrella Hotels Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Cindrella Hotels Ltd has declared dividend of ₹1 - translating a dividend yield of 3.68%.
Let's look at Cindrella Hotels Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Cindrella Hotels Ltd’s revenue were ₹2.31Cr in the quarter ending June 2024. The revenuefell by -9.77% year on year basis since last quarter.
Cindrella Hotels Ltd’s profits were ₹0.13Cr in the quarter ending June 2024. The profits fell by -80.6% year on year basis since last quarter.
Cindrella Hotels Ltd’s dividend was ₹1 in the quarter ending March 2024.
Cindrella Hotels Ltd Dividend related ratios:
Last dividend date: 30/05/2024
Current Dividend Yield: 3.68%
Annual dividend payment: ₹2
History of Cindrella Hotels Ltd's Dividend payments