Keerthi Industries Ltd Dividend 2024 : Should Keerthi Industries Ltd be a part of your dividend portfolio?
Keerthi Industries Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹92.55Cr. Its share price is ₹117.25 as on 3 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Keerthi Industries Ltd gave ₹3 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 Keerthi Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2022, Keerthi Industries Ltd has declared dividend of ₹1.50 - translating a dividend yield of 2.56%.
Let's look at Keerthi Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Keerthi Industries Ltd’s revenue were ₹56.50Cr in the quarter ending December 2023. The revenuefell by -16.08% year on year basis since last quarter.
Keerthi Industries Ltd’s profits were ₹-1.04Cr in the quarter ending December 2023. The profits grew by 78.6% year on year basis since last quarter.
Keerthi Industries Ltd’s dividend was ₹1.50 in the quarter ending March 2022.