Gujarat Craft Industries Ltd Dividend 2024 : Should Gujarat Craft Industries Ltd be a part of your dividend portfolio?
Gujarat Craft Industries Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹62.62Cr. Its share price is ₹122.90 as on 25 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Gujarat Craft Industries 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 Gujarat Craft Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Gujarat Craft Industries Ltd has declared dividend of ₹1 - translating a dividend yield of 0.81%.
Let's look at Gujarat Craft Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Gujarat Craft Industries Ltd’s revenue were ₹53.71Cr in the quarter ending March 2024. The revenue grew by 21.41% year on year basis since last quarter.
Gujarat Craft Industries Ltd’s profits were ₹0.76Cr in the quarter ending March 2024. The profits fell by -13.64% year on year basis since last quarter.
Gujarat Craft Industries Ltd’s dividend was ₹1 in the quarter ending March 2024.
Gujarat Craft Industries Ltd Dividend related ratios: