Innovana Thinklabs Ltd Dividend 2024 : Should Innovana Thinklabs Ltd be a part of your dividend portfolio?
Innovana Thinklabs Ltd is one of the most popular Technology company in the world with a market capitalisation of ₹1,131.60Cr. Its share price is ₹552 as on 20 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Innovana Thinklabs Ltd gave ₹0.25 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Technology stocks do not always pay a dividend but as Innovana Thinklabs Ltd pays dividends to reward its shareholders.
In the quarter ending June 2023, Innovana Thinklabs Ltd has declared dividend of ₹0.25 - translating a dividend yield of 0.05%.
Let's look at Innovana Thinklabs Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Innovana Thinklabs Ltd’s revenue were ₹26.06Cr in the quarter ending March 2024. The revenuefell by -5.72% year on year basis since last quarter.
Innovana Thinklabs Ltd’s profits were ₹8.84Cr in the quarter ending March 2024. The profits fell by -11.24% year on year basis since last quarter.
Innovana Thinklabs Ltd’s dividend was ₹0.25 in the quarter ending June 2023.