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 ₹1,314.44Cr. Its share price is ₹328.80 as on 4 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Heranba Industries Ltd gave ₹1.25 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 2023, Heranba Industries Ltd has declared dividend of ₹1.25 - translating a dividend yield of 0.38%.
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 ₹301.35Cr in the quarter ending December 2023. The revenue grew by 8.92% year on year basis since last quarter.
Heranba Industries Ltd’s profits were ₹13.92Cr in the quarter ending December 2023. The profits grew by 10.13% year on year basis since last quarter.
Heranba Industries Ltd’s dividend was ₹1.25 in the quarter ending March 2023.