Kandagiri Spinning Mills Ltd Dividend 2023 : Should Kandagiri Spinning Mills Ltd be a part of your dividend portfolio?
Kandagiri Spinning Mills Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹6.40Cr. Its share price is ₹16.63 as on 22 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Kandagiri Spinning Mills Ltd gave ₹4 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Cyclical stocks do not always pay a dividend but as Kandagiri Spinning Mills Ltd pays dividends to reward its shareholders.
In the quarter ending March 2011, Kandagiri Spinning Mills Ltd has declared dividend of ₹2 - translating a dividend yield of 24.05%.
Let's look at Kandagiri Spinning Mills Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Kandagiri Spinning Mills Ltd’s revenue were ₹0.56Cr in the quarter ending June 2023. The revenue grew by 19.15% year on year basis since last quarter.
Kandagiri Spinning Mills Ltd’s profits were ₹0.09Cr in the quarter ending June 2023. The profits grew by 400% year on year basis since last quarter.
Kandagiri Spinning Mills Ltd’s dividend was ₹2 in the quarter ending March 2011.
Kandagiri Spinning Mills Ltd Dividend related ratios:
Last dividend date: 23/05/2011
Current Dividend Yield: 24.05%
Annual dividend payment: ₹4
History of Kandagiri Spinning Mills Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
26/07/2011
CASH
₹2
23/05/2011
28/07/2011
08/02/2011
CASH
₹2
29/01/2011
09/02/2011
17/09/2008
CASH
₹2
20/08/2008
19/09/2008
03/07/2007
CASH
₹5
09/05/2007
05/07/2007
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