Likhitha Infrastructure Ltd Dividend 2024 : Should Likhitha Infrastructure Ltd be a part of your dividend portfolio?
Likhitha Infrastructure Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹1,390.61Cr. Its share price is ₹351.20 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Likhitha Infrastructure Ltd gave ₹2.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Utilities stocks do not always pay a dividend but as Likhitha Infrastructure Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Likhitha Infrastructure Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.71%.
Let's look at Likhitha Infrastructure Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Likhitha Infrastructure Ltd’s revenue were ₹102.16Cr in the quarter ending December 2023. The revenue grew by 20.87% year on year basis since last quarter.
Likhitha Infrastructure Ltd’s profits were ₹16.05Cr in the quarter ending December 2023. The profits grew by 3.95% year on year basis since last quarter.
Likhitha Infrastructure Ltd’s dividend was ₹1.50 in the quarter ending March 2023.
Likhitha Infrastructure Ltd Dividend related ratios: