Conart Engineers Ltd Dividend 2023 : Should Conart Engineers Ltd be a part of your dividend portfolio?
Conart Engineers Ltd is one of the most popular Real Estate company in the world with a market capitalisation of ₹14.16Cr. Its share price is ₹46.20 as on 22 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Conart Engineers Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Real Estate stocks do not always pay a dividend but as Conart Engineers Ltd pays dividends to reward its shareholders.
In the quarter ending September 2019, Conart Engineers Ltd has declared dividend of ₹1 - translating a dividend yield of 2.16%.
Let's look at Conart Engineers Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Conart Engineers Ltd’s revenue were ₹8.78Cr in the quarter ending June 2023. The revenue grew by 52.96% year on year basis since last quarter.
Conart Engineers Ltd’s profits were ₹0.13Cr in the quarter ending June 2023. The profits fell by -61.76% year on year basis since last quarter.
Conart Engineers Ltd’s dividend was ₹1 in the quarter ending September 2019.