Filatex Fashions Ltd Dividend 2024 : Should Filatex Fashions Ltd be a part of your dividend portfolio?
Filatex Fashions Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹2,553.56Cr. Its share price is ₹15.08 as on 30 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Filatex Fashions Ltd gave ₹0.02 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Cyclical stocks do not always pay a dividend but as Filatex Fashions Ltd pays dividends to reward its shareholders.
In the quarter ending June 2021, Filatex Fashions Ltd has declared dividend of ₹0.02 - translating a dividend yield of 0.13%.
Let's look at Filatex Fashions Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Filatex Fashions Ltd’s revenue were ₹44.53Cr in the quarter ending December 2023. The revenue grew by 6.1% year on year basis since last quarter.
Filatex Fashions Ltd’s profits were ₹2.83Cr in the quarter ending December 2023. The profits fell by -26.87% year on year basis since last quarter.
Filatex Fashions Ltd’s dividend was ₹0.02 in the quarter ending June 2021.