Hindprakash Industries Ltd Dividend 2024 : Should Hindprakash Industries Ltd be a part of your dividend portfolio?
Hindprakash Industries Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹160.53Cr. Its share price is ₹155.05 as on 2 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Hindprakash Industries Ltd gave ₹0.50 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 Hindprakash Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Hindprakash Industries Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.32%.
Let's look at Hindprakash Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Hindprakash Industries Ltd’s revenue were ₹15.53Cr in the quarter ending December 2023. The revenuefell by -3.54% year on year basis since last quarter.
Hindprakash Industries Ltd’s profits were ₹0.69Cr in the quarter ending December 2023. The profits grew by 245% year on year basis since last quarter.
Hindprakash Industries Ltd’s dividend was ₹0.50 in the quarter ending March 2023.
Hindprakash Industries Ltd Dividend related ratios: