Crown Lifters Ltd Dividend 2024 : 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 ₹220.38Cr. Its share price is ₹211.70 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Crown Lifters Ltd gave ₹0.60 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 2023, Crown Lifters Ltd has declared dividend of ₹0.40 - translating a dividend yield of 0.28%.
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 ₹7.47Cr in the quarter ending December 2023. The revenue grew by 42.83% year on year basis since last quarter.
Crown Lifters Ltd’s profits were ₹1.40Cr in the quarter ending December 2023. The profits grew by 311.76% year on year basis since last quarter.
Crown Lifters Ltd’s dividend was ₹0.40 in the quarter ending September 2023.