Nettlinx Ltd Dividend 2023 : Should Nettlinx Ltd be a part of your dividend portfolio?
Nettlinx Ltd is one of the most popular Communication Services company in the world with a market capitalisation of ₹218.44Cr. Its share price is ₹91.88 as on 22 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Nettlinx Ltd gave ₹0.40 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Communication Services stocks do not always pay a dividend but as Nettlinx Ltd pays dividends to reward its shareholders.
In the quarter ending December 2022, Nettlinx Ltd has declared dividend of ₹0.40 - translating a dividend yield of 0.44%.
Let's look at Nettlinx Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Nettlinx Ltd’s revenue were ₹7.08Cr in the quarter ending June 2023. The revenue grew by 29.91% year on year basis since last quarter.
Nettlinx Ltd’s profits were ₹1.83Cr in the quarter ending June 2023. The profits grew by 916.67% year on year basis since last quarter.
Nettlinx Ltd’s dividend was ₹0.40 in the quarter ending December 2022.