Dolfin Rubbers Ltd Dividend 2024 : Should Dolfin Rubbers Ltd be a part of your dividend portfolio?
Dolfin Rubbers Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹227.38Cr. Its share price is ₹220.75 as on 22 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Dolfin Rubbers Ltd gave ₹1.20 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 Dolfin Rubbers Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Dolfin Rubbers Ltd has declared dividend of ₹1.20 - translating a dividend yield of 0.54%.
Let's look at Dolfin Rubbers Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Dolfin Rubbers Ltd’s revenue were ₹38.73Cr in the quarter ending June 2024. The revenue grew by 39.57% year on year basis since last quarter.
Dolfin Rubbers Ltd’s profits were ₹1.84Cr in the quarter ending June 2024. The profits grew by 111.49% year on year basis since last quarter.
Dolfin Rubbers Ltd’s dividend was ₹1.20 in the quarter ending March 2023.