532744
GTN Textiles Ltd
₹11.39
GTN Textiles Ltd Dividend 2023 : Should GTN Textiles Ltd be a part of your dividend portfolio?
GTN Textiles Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹13.26Cr. Its share price is ₹11.39 as on 24 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, GTN Textiles Ltd gave ₹0.60 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 GTN Textiles Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2008, GTN Textiles Ltd has declared dividend of ₹0.60 - translating a dividend yield of 5.27%.
Let's look at GTN Textiles Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- GTN Textiles Ltd’s profits were ₹-3.29Cr in the quarter ending June 2023. The profits grew by 18.36% year on year basis since last quarter.
- GTN Textiles Ltd’s dividend was ₹0.60 in the quarter ending March 2008.
GTN Textiles Ltd Dividend related ratios:
- Last dividend date: 29/05/2008
- Current Dividend Yield: 5.27%
- Annual dividend payment: ₹0.60
History of GTN Textiles Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
17/07/2008 | CASH | ₹0.60 | 29/05/2008 | 19/07/2008 |
12/07/2007 | CASH | ₹0.90 | 08/05/2007 | 14/07/2007 |
