Crown Lifters Ltd Dividend 2023 : Should Crown Lifters Ltd be a part of your dividend portfolio?
Crown Lifters Ltd is one of the most popular Miscellaneous company in the world with a market capitalisation of ₹50.70Cr. Its share price is ₹51 as on 22 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Crown Lifters Ltd gave ₹0.20 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Miscellaneous stocks do not always pay a dividend but as Crown Lifters Ltd pays dividends to reward its shareholders.
In the quarter ending September 2022, Crown Lifters Ltd has declared dividend of ₹0.20 - translating a dividend yield of 0.39%.
Let's look at Crown Lifters Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Crown Lifters Ltd’s revenue were ₹5.23Cr in the quarter ending June 2023. The revenue grew by 15.45% year on year basis since last quarter.
Crown Lifters Ltd’s profits were ₹1.17Cr in the quarter ending June 2023. The profits grew by 74.63% year on year basis since last quarter.
Crown Lifters Ltd’s dividend was ₹0.20 in the quarter ending September 2022.