Paramount Communications Ltd Dividend 2023 : Should Paramount Communications Ltd be a part of your dividend portfolio?
Paramount Communications Ltd is one of the most popular Technology company in the world with a market capitalisation of ₹1,498.01Cr. Its share price is ₹65.10 as on 22 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Paramount Communications Ltd gave ₹0.40 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Technology stocks do not always pay a dividend but as Paramount Communications Ltd pays dividends to reward its shareholders.
In the quarter ending March 2008, Paramount Communications Ltd has declared dividend of ₹0.40 - translating a dividend yield of 0.61%.
Let's look at Paramount Communications Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Paramount Communications Ltd’s revenue were ₹212.27Cr in the quarter ending June 2023. The revenue grew by 27.59% year on year basis since last quarter.
Paramount Communications Ltd’s profits were ₹14.53Cr in the quarter ending June 2023. The profits grew by 106.69% year on year basis since last quarter.
Paramount Communications Ltd’s dividend was ₹0.40 in the quarter ending March 2008.
Paramount Communications Ltd Dividend related ratios:
Last dividend date: 30/06/2008
Current Dividend Yield: 0.61%
Annual dividend payment: ₹0.40
History of Paramount Communications Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
11/09/2008
CASH
₹0.40
30/06/2008
13/09/2008
11/09/2007
CASH
₹0
25/06/2007
13/09/2007
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