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 ₹20.65Cr. Its share price is ₹59.50 as on 29 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Cindrella Hotels Ltd gave ₹1 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 2023, Cindrella Hotels Ltd has declared dividend of ₹1 - translating a dividend yield of 1.68%.
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 ₹2.03Cr in the quarter ending December 2023. The revenuefell by -58.14% year on year basis since last quarter.
Cindrella Hotels Ltd’s profits were ₹0.03Cr in the quarter ending December 2023. The profits fell by -101.34% year on year basis since last quarter.
Cindrella Hotels Ltd’s dividend was ₹1 in the quarter ending March 2023.