Jet Freight Logistics Ltd Dividend 2024 : Should Jet Freight Logistics Ltd be a part of your dividend portfolio?
Jet Freight Logistics Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹66.36Cr. Its share price is ₹14.40 as on 29 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Jet Freight Logistics Ltd gave ₹0.10 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Utilities stocks do not always pay a dividend but as Jet Freight Logistics Ltd pays dividends to reward its shareholders.
In the quarter ending September 2021, Jet Freight Logistics Ltd has declared dividend of ₹0.10 - translating a dividend yield of 0.69%.
Let's look at Jet Freight Logistics Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Jet Freight Logistics Ltd’s revenue were ₹97.37Cr in the quarter ending December 2023. The revenue grew by 8.01% year on year basis since last quarter.
Jet Freight Logistics Ltd’s profits were ₹4.18Cr in the quarter ending December 2023. The profits grew by 314.36% year on year basis since last quarter.
Jet Freight Logistics Ltd’s dividend was ₹0.10 in the quarter ending September 2021.
Jet Freight Logistics Ltd Dividend related ratios: