HP Adhesives Ltd Dividend 2024 : Should HP Adhesives Ltd be a part of your dividend portfolio?
HP Adhesives Ltd is one of the most popular Chemicals company in the world with a market capitalisation of ₹807.95Cr. Its share price is ₹89.09 as on 10 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, HP Adhesives Ltd gave ₹0.30 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Chemicals stocks do not always pay a dividend but as HP Adhesives Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, HP Adhesives Ltd has declared dividend of ₹0.30 - translating a dividend yield of 0.34%.
Let's look at HP Adhesives Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
HP Adhesives Ltd’s revenue were ₹62Cr in the quarter ending June 2024. The revenue grew by 2.8% year on year basis since last quarter.
HP Adhesives Ltd’s profits were ₹5.61Cr in the quarter ending June 2024. The profits grew by 24.39% year on year basis since last quarter.
HP Adhesives Ltd’s dividend was ₹0.30 in the quarter ending March 2024.
HP Adhesives Ltd Dividend related ratios:
Last dividend date: 14/05/2024
Current Dividend Yield: 0.34%
Annual dividend payment: ₹0.30
History of HP Adhesives Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
13/09/2024
CASH
₹0.30
14/05/2024
13/09/2024
HP Adhesives Ltd Dividend v/s HP Adhesives Ltd Share price