CL Educate Ltd Dividend 2024 : Should CL Educate Ltd be a part of your dividend portfolio?
CL Educate Ltd is one of the most popular Technology company in the world with a market capitalisation of ₹493.65Cr. Its share price is ₹91.86 as on 25 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, CL Educate Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Technology stocks do not always pay a dividend but as CL Educate Ltd pays dividends to reward its shareholders.
In the quarter ending September 2019, CL Educate Ltd has declared dividend of ₹1 - translating a dividend yield of 1.09%.
Let's look at CL Educate Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
CL Educate Ltd’s revenue were ₹77.49Cr in the quarter ending March 2024. The revenue grew by 13.09% year on year basis since last quarter.
CL Educate Ltd’s profits were ₹1.15Cr in the quarter ending March 2024. The profits fell by -47% year on year basis since last quarter.
CL Educate Ltd’s dividend was ₹1 in the quarter ending September 2019.