Krishanveer Forge Ltd Dividend 2024 : Should Krishanveer Forge Ltd be a part of your dividend portfolio?
Krishanveer Forge Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹139.21Cr. Its share price is ₹127 as on 9 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Krishanveer Forge Ltd gave ₹2 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 Krishanveer Forge Ltd pays dividends to reward its shareholders.
In the quarter ending June 2024, Krishanveer Forge Ltd has declared dividend of ₹2 - translating a dividend yield of 1.57%.
Let's look at Krishanveer Forge Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Krishanveer Forge Ltd’s revenue were ₹24.85Cr in the quarter ending June 2024. The revenue grew by 29.02% year on year basis since last quarter.
Krishanveer Forge Ltd’s profits were ₹1.75Cr in the quarter ending June 2024. The profits grew by 52.17% year on year basis since last quarter.
Krishanveer Forge Ltd’s dividend was ₹2 in the quarter ending June 2024.
Krishanveer Forge Ltd Dividend related ratios:
Last dividend date: 09/08/2024
Current Dividend Yield: 1.57%
Annual dividend payment: ₹2
History of Krishanveer Forge Ltd's Dividend payments