Craftsman Automation Ltd Dividend 2023 : Should Craftsman Automation Ltd be a part of your dividend portfolio?
Craftsman Automation Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹9,868.19Cr. Its share price is ₹4,676.10 as on 27 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Craftsman Automation Ltd gave ₹15 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 Craftsman Automation Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Craftsman Automation Ltd has declared dividend of ₹11.25 - translating a dividend yield of 0.32%.
Let's look at Craftsman Automation Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Craftsman Automation Ltd’s revenue were ₹1,041.53Cr in the quarter ending June 2023. The revenue grew by 53.55% year on year basis since last quarter.
Craftsman Automation Ltd’s profits were ₹74.48Cr in the quarter ending June 2023. The profits grew by 31.5% year on year basis since last quarter.
Craftsman Automation Ltd’s dividend was ₹11.25 in the quarter ending March 2023.