Jash Engineering Ltd Dividend 2024 : Should Jash Engineering Ltd be a part of your dividend portfolio?
Jash Engineering Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹2,369.52Cr. Its share price is ₹1,887.95 as on 25 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Jash Engineering Ltd gave ₹4 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Industrials stocks do not always pay a dividend but as Jash Engineering Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Jash Engineering Ltd has declared dividend of ₹4 - translating a dividend yield of 0.21%.
Let's look at Jash Engineering Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Jash Engineering Ltd’s revenue were ₹141.26Cr in the quarter ending December 2023. The revenue grew by 19.54% year on year basis since last quarter.
Jash Engineering Ltd’s profits were ₹22.64Cr in the quarter ending December 2023. The profits grew by 33.41% year on year basis since last quarter.
Jash Engineering Ltd’s dividend was ₹4 in the quarter ending March 2023.