Filatex Fashions Ltd Dividend 2023 : 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 ₹154.13Cr. Its share price is ₹15.63 as on 28 September,2023.
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 ₹19.13Cr in the quarter ending June 2023. The revenuefell by -49.63% year on year basis since last quarter.
Filatex Fashions Ltd’s profits were ₹1.59Cr in the quarter ending June 2023. The profits grew by 3875% year on year basis since last quarter.
Filatex Fashions Ltd’s dividend was ₹0.02 in the quarter ending June 2021.