HB Portfolio Ltd Dividend 2024 : Should HB Portfolio Ltd be a part of your dividend portfolio?
HB Portfolio Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹144.19Cr. Its share price is ₹127.30 as on 8 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, HB Portfolio Ltd gave ₹1.80 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Financial Services stocks do not always pay a dividend but as HB Portfolio Ltd pays dividends to reward its shareholders.
In the quarter ending June 2023, HB Portfolio Ltd has declared dividend of ₹1 - translating a dividend yield of 1.41%.
Let's look at HB Portfolio Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
HB Portfolio Ltd’s revenue were ₹8.86Cr in the quarter ending June 2024. The revenue grew by 75.1% year on year basis since last quarter.
HB Portfolio Ltd’s profits were ₹3.47Cr in the quarter ending June 2024. The profits grew by 250.51% year on year basis since last quarter.
HB Portfolio Ltd’s dividend was ₹1 in the quarter ending June 2023.