Indus Finance Ltd Dividend 2024 : Should Indus Finance Ltd be a part of your dividend portfolio?
Indus Finance Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹29.43Cr. Its share price is ₹33.36 as on 7 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Indus Finance Ltd gave ₹0.30 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Financial Services stocks do not always pay a dividend but as Indus Finance Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Indus Finance Ltd has declared dividend of ₹0.30 - translating a dividend yield of 0.90%.
Let's look at Indus Finance Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Indus Finance Ltd’s revenue were ₹2.12Cr in the quarter ending September 2024. The revenue grew by 190.41% year on year basis since last quarter.
Indus Finance Ltd’s profits were ₹0.81Cr in the quarter ending September 2024. The profits grew by 326.32% year on year basis since last quarter.
Indus Finance Ltd’s dividend was ₹0.30 in the quarter ending March 2024.