Narendra Properties Ltd Dividend 2024 : Should Narendra Properties Ltd be a part of your dividend portfolio?
The dividend is a percentage of earnings paid out to shareholders. Last year, Narendra Properties Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Real Estate stocks do not always pay a dividend but as Narendra Properties Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Narendra Properties Ltd has declared dividend of ₹1 - translating a dividend yield of 2.33%.
Let's look at Narendra Properties Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Narendra Properties Ltd’s revenue were ₹0.33Cr in the quarter ending June 2024. The revenuefell by -89.04% year on year basis since last quarter.
Narendra Properties Ltd’s profits were ₹0.07Cr in the quarter ending June 2024. The profits fell by -110.45% year on year basis since last quarter.
Narendra Properties Ltd’s dividend was ₹1 in the quarter ending March 2023.
Narendra Properties Ltd Dividend related ratios:
Last dividend date: 22/05/2023
Current Dividend Yield: 2.33%
Annual dividend payment: ₹1
History of Narendra Properties Ltd's Dividend payments