Nath Bio-Genes (India) Ltd Dividend 2024 : Should Nath Bio-Genes (India) Ltd be a part of your dividend portfolio?
Nath Bio-Genes (India) Ltd is one of the most popular Miscellaneous company in the world with a market capitalisation of ₹392.53Cr. Its share price is ₹206.30 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Nath Bio-Genes (India) Ltd gave ₹4 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Miscellaneous stocks do not always pay a dividend but as Nath Bio-Genes (India) Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Nath Bio-Genes (India) Ltd has declared dividend of ₹2 - translating a dividend yield of 1.94%.
Let's look at Nath Bio-Genes (India) Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Nath Bio-Genes (India) Ltd’s revenue were ₹34.27Cr in the quarter ending December 2023. The revenue grew by 35.13% year on year basis since last quarter.
Nath Bio-Genes (India) Ltd’s profits were ₹3.83Cr in the quarter ending December 2023. The profits grew by 183.7% year on year basis since last quarter.
Nath Bio-Genes (India) Ltd’s dividend was ₹2 in the quarter ending March 2023.
Nath Bio-Genes (India) Ltd Dividend related ratios: