Elin Electronics Ltd Dividend 2024 : Should Elin Electronics Ltd be a part of your dividend portfolio?
Elin Electronics Ltd is one of the most popular Consumer Durables company in the world with a market capitalisation of ₹980.52Cr. Its share price is ₹196.38 as on 25 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Elin Electronics Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Consumer Durables stocks do not always pay a dividend but as Elin Electronics Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Elin Electronics Ltd has declared dividend of ₹1 - translating a dividend yield of 0.51%.
Let's look at Elin Electronics Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Elin Electronics Ltd’s revenue were ₹280.15Cr in the quarter ending March 2024. The revenue grew by 3.54% year on year basis since last quarter.
- Elin Electronics Ltd’s profits were ₹3.54Cr in the quarter ending March 2024. The profits grew by 121.25% year on year basis since last quarter.
- Elin Electronics Ltd’s dividend was ₹1 in the quarter ending March 2023.
Elin Electronics Ltd Dividend related ratios:
- Last dividend date: 30/05/2023
- Current Dividend Yield: 0.51%
- Annual dividend payment: ₹1