Gokaldas Exports Ltd Dividend 2024 : Should Gokaldas Exports Ltd be a part of your dividend portfolio?
Gokaldas Exports Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹6,261.12Cr. Its share price is ₹879.35 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Gokaldas Exports Ltd gave ₹1 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 Gokaldas Exports Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Gokaldas Exports Ltd has declared dividend of ₹1 - translating a dividend yield of 0.11%.
Let's look at Gokaldas Exports Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Gokaldas Exports Ltd’s revenue were ₹559.78Cr in the quarter ending December 2023. The revenue grew by 6% year on year basis since last quarter.
Gokaldas Exports Ltd’s profits were ₹30.42Cr in the quarter ending December 2023. The profits fell by -25.04% year on year basis since last quarter.
Gokaldas Exports Ltd’s dividend was ₹1 in the quarter ending March 2023.