Craftsman Automation Ltd Dividend 2024 : 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 ₹12,582.51Cr. Its share price is ₹5,238.65 as on 24 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Craftsman Automation Ltd gave ₹22.50 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 2024, Craftsman Automation Ltd has declared dividend of ₹11.25 - translating a dividend yield of 0.43%.
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 ₹1,110.95Cr in the quarter ending March 2024. The revenue grew by 12.74% year on year basis since last quarter.
Craftsman Automation Ltd’s profits were ₹62.33Cr in the quarter ending March 2024. The profits fell by -19.74% year on year basis since last quarter.
Craftsman Automation Ltd’s dividend was ₹11.25 in the quarter ending March 2024.