Heranba Industries Ltd Dividend 2024 : Should Heranba Industries Ltd be a part of your dividend portfolio?
Heranba Industries Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹2,073.50Cr. Its share price is ₹500.85 as on 13 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Heranba Industries Ltd gave ₹2.50 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 Heranba Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Heranba Industries Ltd has declared dividend of ₹1.25 - translating a dividend yield of 0.50%.
Let's look at Heranba Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Heranba Industries Ltd’s revenue were ₹297.39Cr in the quarter ending June 2024. The revenue grew by 5.83% year on year basis since last quarter.
Heranba Industries Ltd’s profits were ₹16.77Cr in the quarter ending June 2024. The profits grew by 398.93% year on year basis since last quarter.
Heranba Industries Ltd’s dividend was ₹1.25 in the quarter ending March 2024.
Heranba Industries Ltd Dividend related ratios:
Last dividend date: 27/05/2024
Current Dividend Yield: 0.50%
Annual dividend payment: ₹2.50
History of Heranba Industries Ltd's Dividend payments