Padam Cotton Yarns Ltd Dividend 2024 : Should Padam Cotton Yarns Ltd be a part of your dividend portfolio?
Padam Cotton Yarns Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹104.63Cr. Its share price is ₹275.55 as on 9 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Padam Cotton Yarns Ltd gave ₹1 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 Padam Cotton Yarns Ltd pays dividends to reward its shareholders.
In the quarter ending September 2024, Padam Cotton Yarns Ltd has declared dividend of ₹1 - translating a dividend yield of 0.36%.
Let's look at Padam Cotton Yarns Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Padam Cotton Yarns Ltd’s revenue were ₹4.34Cr in the quarter ending September 2024. The revenue grew by 6100% year on year basis since last quarter.
Padam Cotton Yarns Ltd’s profits were ₹3.24Cr in the quarter ending September 2024. The profits grew by 32300% year on year basis since last quarter.
Padam Cotton Yarns Ltd’s dividend was ₹1 in the quarter ending September 2024.
Padam Cotton Yarns Ltd Dividend related ratios:
Last dividend date: 13/11/2024
Current Dividend Yield: 0.36%
Annual dividend payment: ₹1
History of Padam Cotton Yarns Ltd's Dividend payments