Gopal Snacks Ltd Dividend 2024 : Should Gopal Snacks Ltd be a part of your dividend portfolio?
Gopal Snacks Ltd is one of the most popular FMCG company in the world with a market capitalisation of ₹5,017.19Cr. Its share price is ₹398.30 as on 5 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Gopal Snacks Ltd gave ₹0.25 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
FMCG stocks do not always pay a dividend but as Gopal Snacks Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Gopal Snacks Ltd has declared dividend of ₹0.25 - translating a dividend yield of 0.06%.
Let's look at Gopal Snacks Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Gopal Snacks Ltd’s revenue were ₹356.17Cr in the quarter ending June 2024. The revenue grew by 11.66% year on year basis since last quarter.
Gopal Snacks Ltd’s profits were ₹24.30Cr in the quarter ending June 2024. The profits fell by -14.32% year on year basis since last quarter.
Gopal Snacks Ltd’s dividend was ₹0.25 in the quarter ending March 2024.