Emerald Finance Ltd Dividend 2023 : Should Emerald Finance Ltd be a part of your dividend portfolio?
Emerald Finance Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹58.12Cr. Its share price is ₹19.28 as on 24 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Emerald Finance Ltd gave ₹0.20 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Financial Services stocks do not always pay a dividend but as Emerald Finance Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Emerald Finance Ltd has declared dividend of ₹0.10 - translating a dividend yield of 1.04%.
Let's look at Emerald Finance Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Emerald Finance Ltd’s revenue were ₹2.78Cr in the quarter ending June 2023. The revenue grew by 24.66% year on year basis since last quarter.
Emerald Finance Ltd’s profits were ₹0.86Cr in the quarter ending June 2023. The profits grew by 82.98% year on year basis since last quarter.
Emerald Finance Ltd’s dividend was ₹0.10 in the quarter ending March 2023.