Fairchem Organics Ltd Dividend 2024 : Should Fairchem Organics Ltd be a part of your dividend portfolio?
Fairchem Organics Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹1,827.48Cr. Its share price is ₹1,418.60 as on 3 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Fairchem Organics Ltd gave ₹7.50 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 Fairchem Organics Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Fairchem Organics Ltd has declared dividend of ₹7.50 - translating a dividend yield of 0.53%.
Let's look at Fairchem Organics Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Fairchem Organics Ltd’s revenue were ₹148.36Cr in the quarter ending December 2023. The revenue grew by 44.39% year on year basis since last quarter.
Fairchem Organics Ltd’s profits were ₹12.33Cr in the quarter ending December 2023. The profits grew by 1921.31% year on year basis since last quarter.
Fairchem Organics Ltd’s dividend was ₹7.50 in the quarter ending March 2023.