Ishan Dyes & chemicals Ltd Dividend 2024 : Should Ishan Dyes & chemicals Ltd be a part of your dividend portfolio?
Ishan Dyes & chemicals Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹105.78Cr. Its share price is ₹50.26 as on 29 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Ishan Dyes & chemicals Ltd gave ₹2.25 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Basic Materials stocks do not always pay a dividend but as Ishan Dyes & chemicals Ltd pays dividends to reward its shareholders.
In the quarter ending March 2021, Ishan Dyes & chemicals Ltd has declared dividend of ₹1.25 - translating a dividend yield of 4.48%.
Let's look at Ishan Dyes & chemicals Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Ishan Dyes & chemicals Ltd’s revenue were ₹15.40Cr in the quarter ending December 2023. The revenue grew by 39.62% year on year basis since last quarter.
Ishan Dyes & chemicals Ltd’s profits were ₹-1.47Cr in the quarter ending December 2023. The profits fell by -166.52% year on year basis since last quarter.
Ishan Dyes & chemicals Ltd’s dividend was ₹1.25 in the quarter ending March 2021.
Ishan Dyes & chemicals Ltd Dividend related ratios: