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 ₹18.58Cr. Its share price is ₹145.05 as on 4 May,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 0.69%.
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 ₹0.96Cr in the quarter ending December 2023. The revenuefell by -41.1% year on year basis since last quarter.
IB Infotech Enterprises Ltd’s profits were ₹0.13Cr in the quarter ending December 2023. The profits fell by -75.47% 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: