Metroglobal Ltd Dividend 2023 : 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 ₹109.99Cr. Its share price is ₹90.16 as on 29 September,2023.
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 2.77%.
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 ₹47.33Cr in the quarter ending June 2023. The revenue grew by 5.39% year on year basis since last quarter.
Metroglobal Ltd’s profits were ₹1.92Cr in the quarter ending June 2023. The profits fell by -55.24% year on year basis since last quarter.
Metroglobal Ltd’s dividend was ₹2.50 in the quarter ending March 2023.