Gujarat Fluorochemicals Ltd Dividend 2024 : Should Gujarat Fluorochemicals Ltd be a part of your dividend portfolio?
Gujarat Fluorochemicals Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹34,827.39Cr. Its share price is ₹3,157.85 as on 26 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Gujarat Fluorochemicals Ltd gave ₹6 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Basic Materials stocks do not always pay a dividend but as Gujarat Fluorochemicals Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Gujarat Fluorochemicals Ltd has declared dividend of ₹2 - translating a dividend yield of 0.19%.
Let's look at Gujarat Fluorochemicals Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Gujarat Fluorochemicals Ltd’s revenue were ₹1,151.32Cr in the quarter ending March 2024. The revenuefell by -22.73% year on year basis since last quarter.
Gujarat Fluorochemicals Ltd’s profits were ₹100.97Cr in the quarter ending March 2024. The profits fell by -69.58% year on year basis since last quarter.
Gujarat Fluorochemicals Ltd’s dividend was ₹2 in the quarter ending March 2023.
Gujarat Fluorochemicals Ltd Dividend related ratios: