Moksh Ornaments Ltd Dividend 2024 : Should Moksh Ornaments Ltd be a part of your dividend portfolio?
Moksh Ornaments Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹90.69Cr. Its share price is ₹16.90 as on 4 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Moksh Ornaments Ltd gave ₹0.10 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Cyclical stocks do not always pay a dividend but as Moksh Ornaments Ltd pays dividends to reward its shareholders.
In the quarter ending September 2021, Moksh Ornaments Ltd has declared dividend of ₹0.10 - translating a dividend yield of 0.59%.
Let's look at Moksh Ornaments Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Moksh Ornaments Ltd’s revenue were ₹85.13Cr in the quarter ending December 2023. The revenuefell by -32.84% year on year basis since last quarter.
Moksh Ornaments Ltd’s profits were ₹1.48Cr in the quarter ending December 2023. The profits fell by -0.67% year on year basis since last quarter.
Moksh Ornaments Ltd’s dividend was ₹0.10 in the quarter ending September 2021.