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 ₹446.31Cr. Its share price is ₹82.05 as on 24 April,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 1.22%.
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 ₹70.60Cr in the quarter ending December 2023. The revenue grew by 5.7% year on year basis since last quarter.
CL Educate Ltd’s profits were ₹2.90Cr in the quarter ending December 2023. The profits fell by -27.68% year on year basis since last quarter.
CL Educate Ltd’s dividend was ₹1 in the quarter ending September 2019.