Eco Recycling Ltd Dividend 2023 : Should Eco Recycling Ltd be a part of your dividend portfolio?
Eco Recycling Ltd is one of the most popular Miscellaneous company in the world with a market capitalisation of ₹770.62Cr. Its share price is ₹405 as on 6 December,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Eco Recycling Ltd gave ₹1 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 Eco Recycling Ltd pays dividends to reward its shareholders.
In the quarter ending March 2022, Eco Recycling Ltd has declared dividend of ₹1 - translating a dividend yield of 0.25%.
Let's look at Eco Recycling Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Eco Recycling Ltd’s revenue were ₹10.08Cr in the quarter ending September 2023. The revenue grew by 75.3% year on year basis since last quarter.
Eco Recycling Ltd’s profits were ₹5.84Cr in the quarter ending September 2023. The profits grew by 70.26% year on year basis since last quarter.
Eco Recycling Ltd’s dividend was ₹1 in the quarter ending March 2022.