Jagan Lamps Ltd Dividend 2024 : Should Jagan Lamps Ltd be a part of your dividend portfolio?
Jagan Lamps Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹74.47Cr. Its share price is ₹102 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Jagan Lamps Ltd gave ₹2 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Cyclical stocks do not always pay a dividend but as Jagan Lamps Ltd pays dividends to reward its shareholders.
In the quarter ending March 2022, Jagan Lamps Ltd has declared dividend of ₹1 - translating a dividend yield of 1.96%.
Let's look at Jagan Lamps Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Jagan Lamps Ltd’s revenue were ₹12.49Cr in the quarter ending December 2023. The revenuefell by -2.73% year on year basis since last quarter.
Jagan Lamps Ltd’s profits were ₹0.60Cr in the quarter ending December 2023. The profits fell by -27.71% year on year basis since last quarter.
Jagan Lamps Ltd’s dividend was ₹1 in the quarter ending March 2022.