Jupiter Wagons Ltd Dividend 2024 : Should Jupiter Wagons Ltd be a part of your dividend portfolio?
Jupiter Wagons Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹16,842.19Cr. Its share price is ₹413 as on 2 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Jupiter Wagons Ltd gave ₹0.80 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 Jupiter Wagons Ltd pays dividends to reward its shareholders.
In the quarter ending December 2023, Jupiter Wagons Ltd has declared dividend of ₹0.30 - translating a dividend yield of 0.19%.
Let's look at Jupiter Wagons Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Jupiter Wagons Ltd’s revenue were ₹900.81Cr in the quarter ending December 2023. The revenue grew by 39.37% year on year basis since last quarter.
Jupiter Wagons Ltd’s profits were ₹81.45Cr in the quarter ending December 2023. The profits grew by 82.66% year on year basis since last quarter.
Jupiter Wagons Ltd’s dividend was ₹0.30 in the quarter ending December 2023.