JTL Industries Ltd Dividend 2024 : Should JTL Industries Ltd be a part of your dividend portfolio?
JTL Industries Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹3,595.95Cr. Its share price is ₹206.75 as on 19 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, JTL Industries Ltd gave ₹0.20 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 JTL Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, JTL Industries Ltd has declared dividend of ₹0.20 - translating a dividend yield of 0.10%.
Let's look at JTL Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
JTL Industries Ltd’s revenue were ₹568.33Cr in the quarter ending December 2023. The revenue grew by 65.01% year on year basis since last quarter.
JTL Industries Ltd’s profits were ₹30.18Cr in the quarter ending December 2023. The profits grew by 47.22% year on year basis since last quarter.
JTL Industries Ltd’s dividend was ₹0.20 in the quarter ending March 2023.