Northern Spirits Ltd Dividend 2024 : Should Northern Spirits Ltd be a part of your dividend portfolio?
Northern Spirits Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹277.04Cr. Its share price is ₹177.50 as on 4 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Northern Spirits Ltd gave ₹0.25 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 Northern Spirits Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Northern Spirits Ltd has declared dividend of ₹0.25 - translating a dividend yield of 0.14%.
Let's look at Northern Spirits Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Northern Spirits Ltd’s revenue were ₹112.14Cr in the quarter ending September 2021. The revenue grew by 108.83% year on year basis since last quarter.
Northern Spirits Ltd’s profits were ₹3.61Cr in the quarter ending September 2021. The profits grew by 2478.57% year on year basis since last quarter.
Northern Spirits Ltd’s dividend was ₹0.25 in the quarter ending March 2024.
Northern Spirits Ltd Dividend related ratios:
Last dividend date: 29/05/2024
Current Dividend Yield: 0.14%
Annual dividend payment: ₹0.25
History of Northern Spirits Ltd's Dividend payments