Metroglobal Ltd Dividend 2024 : Should Metroglobal Ltd be a part of your dividend portfolio?
Metroglobal Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹183.97Cr. Its share price is ₹154 as on 25 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Metroglobal Ltd gave ₹2.50 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 Metroglobal Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Metroglobal Ltd has declared dividend of ₹2.50 - translating a dividend yield of 1.62%.
Let's look at Metroglobal Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Metroglobal Ltd’s revenue were ₹66.16Cr in the quarter ending March 2024. The revenuefell by -17.55% year on year basis since last quarter.
Metroglobal Ltd’s profits were ₹8.15Cr in the quarter ending March 2024. The profits grew by 13.35% year on year basis since last quarter.
Metroglobal Ltd’s dividend was ₹2.50 in the quarter ending March 2023.