Patanjali Foods Ltd Dividend 2024 : Should Patanjali Foods Ltd be a part of your dividend portfolio?
Patanjali Foods Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹63,966.30Cr. Its share price is ₹1,775.60 as on 22 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Patanjali Foods Ltd gave ₹12 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Defensive stocks do not always pay a dividend but as Patanjali Foods Ltd pays dividends to reward its shareholders.
In the quarter ending December 2023, Patanjali Foods Ltd has declared dividend of ₹6 - translating a dividend yield of 0.68%.
Let's look at Patanjali Foods Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Patanjali Foods Ltd’s dividend was ₹6 in the quarter ending December 2023.
Patanjali Foods Ltd Dividend related ratios:
Last dividend date: 13/03/2024
Current Dividend Yield: 0.68%
Annual dividend payment: ₹12
History of Patanjali Foods Ltd's Dividend payments