Katare Spinning Mills Ltd Dividend 2024 : Should Katare Spinning Mills Ltd be a part of your dividend portfolio?
Katare Spinning Mills Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹71.54Cr. Its share price is ₹251 as on 2 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Katare Spinning Mills Ltd gave ₹1 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 Katare Spinning Mills Ltd pays dividends to reward its shareholders.
In the quarter ending March 2013, Katare Spinning Mills Ltd has declared dividend of ₹1 - translating a dividend yield of 0.40%.
Let's look at Katare Spinning Mills Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Katare Spinning Mills Ltd’s revenue were ₹1.62Cr in the quarter ending December 2023. The revenue grew by 12.5% year on year basis since last quarter.
Katare Spinning Mills Ltd’s dividend was ₹1 in the quarter ending March 2013.
Katare Spinning Mills Ltd Dividend related ratios:
Last dividend date: 31/05/2013
Current Dividend Yield: 0.40%
Annual dividend payment: ₹1
History of Katare Spinning Mills Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
21/08/2013
CASH
₹1
31/05/2013
23/08/2013
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