Libas Consumer Products Ltd Dividend 2024 : Should Libas Consumer Products Ltd be a part of your dividend portfolio?
Libas Consumer Products Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹54.93Cr. Its share price is ₹20.85 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Libas Consumer Products Ltd gave ₹0.30 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 Libas Consumer Products Ltd pays dividends to reward its shareholders.
In the quarter ending March 2021, Libas Consumer Products Ltd has declared dividend of ₹0.10 - translating a dividend yield of 1.44%.
Let's look at Libas Consumer Products Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Libas Consumer Products Ltd’s revenue were ₹18.12Cr in the quarter ending December 2023. The revenue grew by 8.63% year on year basis since last quarter.
Libas Consumer Products Ltd’s profits were ₹1.42Cr in the quarter ending December 2023. The profits grew by 49.47% year on year basis since last quarter.
Libas Consumer Products Ltd’s dividend was ₹0.10 in the quarter ending March 2021.
Libas Consumer Products Ltd Dividend related ratios: