ERIS Lifesciences Ltd Dividend 2024 : Should ERIS Lifesciences Ltd be a part of your dividend portfolio?
ERIS Lifesciences Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹11,842.25Cr. Its share price is ₹883.60 as on 26 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, ERIS Lifesciences Ltd gave ₹7.35 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Basic Materials stocks do not always pay a dividend but as ERIS Lifesciences Ltd pays dividends to reward its shareholders.
In the quarter ending June 2022, ERIS Lifesciences Ltd has declared dividend of ₹7.35 - translating a dividend yield of 0.83%.
Let's look at ERIS Lifesciences Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
ERIS Lifesciences Ltd’s revenue were ₹490.49Cr in the quarter ending December 2023. The revenue grew by 15.27% year on year basis since last quarter.
ERIS Lifesciences Ltd’s profits were ₹102.74Cr in the quarter ending December 2023. The profits grew by 0.86% year on year basis since last quarter.
ERIS Lifesciences Ltd’s dividend was ₹7.35 in the quarter ending June 2022.