Geekay Wires Ltd Dividend 2024 : Should Geekay Wires Ltd be a part of your dividend portfolio?
Geekay Wires Ltd is one of the most popular Technology company in the world with a market capitalisation of ₹477.66Cr. Its share price is ₹94.47 as on 25 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Geekay Wires Ltd gave ₹5.20 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Technology stocks do not always pay a dividend but as Geekay Wires Ltd pays dividends to reward its shareholders.
In the quarter ending June 2023, Geekay Wires Ltd has declared dividend of ₹2.70 - translating a dividend yield of 5.50%.
Let's look at Geekay Wires Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Geekay Wires Ltd’s revenue were ₹108.62Cr in the quarter ending March 2024. The revenuefell by -0.22% year on year basis since last quarter.
Geekay Wires Ltd’s profits were ₹9.87Cr in the quarter ending March 2024. The profits fell by -20.72% year on year basis since last quarter.
Geekay Wires Ltd’s dividend was ₹2.70 in the quarter ending June 2023.