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 ₹179.34Cr. Its share price is ₹146.25 as on 3 May,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 1.71%.
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 ₹71.21Cr in the quarter ending December 2023. The revenue grew by 74.15% year on year basis since last quarter.
Metroglobal Ltd’s profits were ₹4.01Cr in the quarter ending December 2023. The profits grew by 21.52% year on year basis since last quarter.
Metroglobal Ltd’s dividend was ₹2.50 in the quarter ending March 2023.