Gateway Distriparks Ltd Dividend 2024 : Should Gateway Distriparks Ltd be a part of your dividend portfolio?
Gateway Distriparks Ltd is one of the most popular Logistics company in the world with a market capitalisation of ₹5,438.62Cr. Its share price is ₹108.42 as on 24 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Gateway Distriparks Ltd gave ₹2 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Logistics stocks do not always pay a dividend but as Gateway Distriparks Ltd pays dividends to reward its shareholders.
In the quarter ending December 2023, Gateway Distriparks Ltd has declared dividend of ₹0.75 - translating a dividend yield of 1.84%.
Let's look at Gateway Distriparks Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Gateway Distriparks Ltd’s revenue were ₹383.13Cr in the quarter ending March 2024. The revenuefell by -2.38% year on year basis since last quarter.
Gateway Distriparks Ltd’s profits were ₹54.97Cr in the quarter ending March 2024. The profits fell by -19.73% year on year basis since last quarter.
Gateway Distriparks Ltd’s dividend was ₹0.75 in the quarter ending December 2023.