IB Infotech Enterprises Ltd Dividend 2024 : Should IB Infotech Enterprises Ltd be a part of your dividend portfolio?
IB Infotech Enterprises Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹17.93Cr. Its share price is ₹143.05 as on 25 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, IB Infotech Enterprises Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Defensive stocks do not always pay a dividend but as IB Infotech Enterprises Ltd pays dividends to reward its shareholders.
In the quarter ending December 2023, IB Infotech Enterprises Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.70%.
Let's look at IB Infotech Enterprises Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
IB Infotech Enterprises Ltd’s revenue were ₹2.34Cr in the quarter ending June 2024. The revenuefell by -1.27% year on year basis since last quarter.
IB Infotech Enterprises Ltd’s profits were ₹0.31Cr in the quarter ending June 2024. The profits fell by -8.82% year on year basis since last quarter.
IB Infotech Enterprises Ltd’s dividend was ₹0.50 in the quarter ending December 2023.
IB Infotech Enterprises Ltd Dividend related ratios: