Medico Intercontinental Ltd Dividend 2023 : Should Medico Intercontinental Ltd be a part of your dividend portfolio?
Medico Intercontinental Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹76.16Cr. Its share price is ₹78.04 as on 24 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Medico Intercontinental Ltd gave ₹0.10 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Financial Services stocks do not always pay a dividend but as Medico Intercontinental Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Medico Intercontinental Ltd has declared dividend of ₹0.10 - translating a dividend yield of 0.13%.
Let's look at Medico Intercontinental Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Medico Intercontinental Ltd’s revenue were ₹24.36Cr in the quarter ending June 2023. The revenue grew by 88.4% year on year basis since last quarter.
Medico Intercontinental Ltd’s profits were ₹1.02Cr in the quarter ending June 2023. The profits grew by 18.6% year on year basis since last quarter.
Medico Intercontinental Ltd’s dividend was ₹0.10 in the quarter ending March 2023.
Medico Intercontinental Ltd Dividend related ratios: