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 ₹169.70Cr. Its share price is ₹160.30 as on 27 July,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 0.31%.
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 ₹27.13Cr in the quarter ending March 2024. The revenuefell by -38.52% year on year basis since last quarter.
Hindprakash Industries Ltd’s profits were ₹0.25Cr in the quarter ending March 2024. The profits fell by -86.26% 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:
Last dividend date: 29/05/2023
Current Dividend Yield: 0.31%
Annual dividend payment: ₹0.50
History of Hindprakash Industries Ltd's Dividend payments