Hindprakash Industries Ltd Dividend 2023 : 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 ₹134.11Cr. Its share price is ₹126.25 as on 21 September,2023.
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 0.40%.
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 ₹27.74Cr in the quarter ending June 2023. The revenue grew by 49.86% year on year basis since last quarter.
Hindprakash Industries Ltd’s profits were ₹0.60Cr in the quarter ending June 2023. The profits grew by 500% 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: