Dodla Dairy Ltd Dividend 2024 : Should Dodla Dairy Ltd be a part of your dividend portfolio?
Dodla Dairy Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹7,706.88Cr. Its share price is ₹1,287.20 as on 10 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Dodla Dairy Ltd gave ₹3 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Defensive stocks do not always pay a dividend but as Dodla Dairy Ltd pays dividends to reward its shareholders.
In the quarter ending September 2024, Dodla Dairy Ltd has declared dividend of ₹3 - translating a dividend yield of 0.23%.
Let's look at Dodla Dairy Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Dodla Dairy Ltd’s revenue were ₹1,007.19Cr in the quarter ending September 2024. The revenue grew by 30.05% year on year basis since last quarter.
Dodla Dairy Ltd’s profits were ₹63.38Cr in the quarter ending September 2024. The profits grew by 45.37% year on year basis since last quarter.
Dodla Dairy Ltd’s dividend was ₹3 in the quarter ending September 2024.