GVP Infotech Ltd Dividend 2024 : Should GVP Infotech Ltd be a part of your dividend portfolio?
GVP Infotech Ltd is one of the most popular Technology company in the world with a market capitalisation of ₹203.25Cr. Its share price is ₹12.59 as on 15 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, GVP Infotech Ltd gave ₹0.10 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Technology stocks do not always pay a dividend but as GVP Infotech Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, GVP Infotech Ltd has declared dividend of ₹0.10 - translating a dividend yield of 0.79%.
Let's look at GVP Infotech Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
GVP Infotech Ltd’s revenue were ₹3.53Cr in the quarter ending June 2024. The revenuefell by -73.56% year on year basis since last quarter.
GVP Infotech Ltd’s profits were ₹0.13Cr in the quarter ending June 2024. The profits fell by -50% year on year basis since last quarter.
GVP Infotech Ltd’s dividend was ₹0.10 in the quarter ending March 2024.