Karma Energy Ltd Dividend 2024 : Should Karma Energy Ltd be a part of your dividend portfolio?
Karma Energy Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹88.97Cr. Its share price is ₹76.90 as on 29 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Karma Energy Ltd gave ₹1 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 Karma Energy Ltd pays dividends to reward its shareholders.
In the quarter ending March 2014, Karma Energy Ltd has declared dividend of ₹0.50 - translating a dividend yield of 1.30%.
Let's look at Karma Energy Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Karma Energy Ltd’s profits were ₹-2.70Cr in the quarter ending March 2022. The profits grew by 60.98% year on year basis since last quarter.
Karma Energy Ltd’s dividend was ₹0.50 in the quarter ending March 2014.