521216
Dhanalaxmi Roto Spinners Ltd
₹164.90
Dhanalaxmi Roto Spinners Ltd Dividend 2024 : Should Dhanalaxmi Roto Spinners Ltd be a part of your dividend portfolio?
Dhanalaxmi Roto Spinners Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹65.62Cr. Its share price is ₹164.90 as on 2 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Dhanalaxmi Roto Spinners Ltd gave ₹1.25 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 Dhanalaxmi Roto Spinners Ltd pays dividends to reward its shareholders.
- In the quarter ending June 2023, Dhanalaxmi Roto Spinners Ltd has declared dividend of ₹1.25 - translating a dividend yield of 0.76%.
Let's look at Dhanalaxmi Roto Spinners Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Dhanalaxmi Roto Spinners Ltd’s revenue were ₹52.83Cr in the quarter ending December 2023. The revenue grew by 2.36% year on year basis since last quarter.
- Dhanalaxmi Roto Spinners Ltd’s profits were ₹3.67Cr in the quarter ending December 2023. The profits grew by 146.31% year on year basis since last quarter.
- Dhanalaxmi Roto Spinners Ltd’s dividend was ₹1.25 in the quarter ending June 2023.
Dhanalaxmi Roto Spinners Ltd Dividend related ratios:
- Last dividend date: 01/09/2023
- Current Dividend Yield: 0.76%
- Annual dividend payment: ₹1.25
History of Dhanalaxmi Roto Spinners Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
22/09/2023 | CASH | ₹1.25 | 01/09/2023 | 23/09/2023 |
21/09/2022 | CASH | ₹1 | 30/05/2022 | 22/09/2022 |
