Dhabriya Polywood Ltd Dividend 2024 : Should Dhabriya Polywood Ltd be a part of your dividend portfolio?
Dhabriya Polywood Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹297.13Cr. Its share price is ₹275.50 as on 4 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Dhabriya Polywood Ltd gave ₹0.50 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 Dhabriya Polywood Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Dhabriya Polywood Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.18%.
Let's look at Dhabriya Polywood Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Dhabriya Polywood Ltd’s revenue were ₹52.16Cr in the quarter ending December 2023. The revenue grew by 29.82% year on year basis since last quarter.
Dhabriya Polywood Ltd’s profits were ₹3.33Cr in the quarter ending December 2023. The profits grew by 48% year on year basis since last quarter.
Dhabriya Polywood Ltd’s dividend was ₹0.50 in the quarter ending March 2023.