Happy Forgings Ltd Dividend 2024 : Should Happy Forgings Ltd be a part of your dividend portfolio?
Happy Forgings Ltd is one of the most popular Castings, Forgings & Fastners company in the world with a market capitalisation of ₹9,899.05Cr. Its share price is ₹1,047.65 as on 14 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Happy Forgings Ltd gave ₹4 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Castings, Forgings & Fastners stocks do not always pay a dividend but as Happy Forgings Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Happy Forgings Ltd has declared dividend of ₹4 - translating a dividend yield of 0.38%.
Let's look at Happy Forgings Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Happy Forgings Ltd’s revenue were ₹374.21Cr in the quarter ending September 2024. The revenue grew by 8.86% year on year basis since last quarter.
Happy Forgings Ltd’s profits were ₹71.37Cr in the quarter ending September 2024. The profits grew by 29.15% year on year basis since last quarter.
Happy Forgings Ltd’s dividend was ₹4 in the quarter ending March 2024.