Jyoti Resins and Adhesives Ltd Dividend 2023 : Should Jyoti Resins and Adhesives Ltd be a part of your dividend portfolio?
Jyoti Resins and Adhesives Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹2,014.62Cr. Its share price is ₹1,700 as on 22 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Jyoti Resins and Adhesives Ltd gave ₹13.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Basic Materials stocks do not always pay a dividend but as Jyoti Resins and Adhesives Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Jyoti Resins and Adhesives Ltd has declared dividend of ₹6 - translating a dividend yield of 0.79%.
Let's look at Jyoti Resins and Adhesives Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Jyoti Resins and Adhesives Ltd’s revenue were ₹61.74Cr in the quarter ending June 2023. The revenuefell by -3.7% year on year basis since last quarter.
Jyoti Resins and Adhesives Ltd’s profits were ₹15.74Cr in the quarter ending June 2023. The profits grew by 73.54% year on year basis since last quarter.
Jyoti Resins and Adhesives Ltd’s dividend was ₹6 in the quarter ending March 2023.
Jyoti Resins and Adhesives Ltd Dividend related ratios:
Last dividend date: 17/05/2023
Current Dividend Yield: 0.79%
Annual dividend payment: ₹13.50
Jyoti Resins and Adhesives Ltd Dividend v/s Jyoti Resins and Adhesives Ltd Share price
History of Jyoti Resins and Adhesives Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
15/09/2023
CASH
₹6
17/05/2023
15/09/2023
24/08/2022
CASH
₹7.50
17/05/2022
26/08/2022
20/09/2021
CASH
₹3
25/06/2021
22/09/2021
22/09/2020
CASH
₹2.50
27/07/2020
24/09/2020
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