Krishival Foods Ltd Dividend 2023 : Should Krishival Foods Ltd be a part of your dividend portfolio?
Krishival Foods Ltd is one of the most popular FMCG company in the world with a market capitalisation of ₹591.94Cr. Its share price is ₹270 as on 22 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Krishival Foods Ltd gave ₹0.16 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
FMCG stocks do not always pay a dividend but as Krishival Foods Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Krishival Foods Ltd has declared dividend of ₹0.16 - translating a dividend yield of 0.06%.
Let's look at Krishival Foods Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Krishival Foods Ltd’s revenue were ₹12.42Cr in the quarter ending March 2022. The revenue grew by 101.95% year on year basis since last quarter.
Krishival Foods Ltd’s profits were ₹0.85Cr in the quarter ending March 2022. The profits grew by 1316.67% year on year basis since last quarter.
Krishival Foods Ltd’s dividend was ₹0.16 in the quarter ending March 2023.