GHCL Textiles Ltd Dividend 2024 : Should GHCL Textiles Ltd be a part of your dividend portfolio?
GHCL Textiles Ltd is one of the most popular Textiles company in the world with a market capitalisation of ₹952.51Cr. Its share price is ₹98.27 as on 8 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, GHCL Textiles Ltd gave ₹0.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Textiles stocks do not always pay a dividend but as GHCL Textiles Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, GHCL Textiles Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.51%.
Let's look at GHCL Textiles Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- GHCL Textiles Ltd’s revenue were ₹306.65Cr in the quarter ending September 2024. The revenue grew by 17.41% year on year basis since last quarter.
- GHCL Textiles Ltd’s profits were ₹20.60Cr in the quarter ending September 2024. The profits grew by 234.96% year on year basis since last quarter.
- GHCL Textiles Ltd’s dividend was ₹0.50 in the quarter ending March 2024.
GHCL Textiles Ltd Dividend related ratios:
- Last dividend date: 06/05/2024
- Current Dividend Yield: 0.51%
- Annual dividend payment: ₹0.50