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 ₹558.14Cr. Its share price is ₹106.80 as on 4 May,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 4.87%.
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 ₹114.17Cr in the quarter ending December 2023. The revenue grew by 5.56% year on year basis since last quarter.
Geekay Wires Ltd’s profits were ₹10.47Cr in the quarter ending December 2023. The profits grew by 69.97% year on year basis since last quarter.
Geekay Wires Ltd’s dividend was ₹2.70 in the quarter ending June 2023.