Paul Merchants Ltd Dividend 2024 : Should Paul Merchants Ltd be a part of your dividend portfolio?
Paul Merchants Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹321.08Cr. Its share price is ₹1,042.95 as on 25 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Paul Merchants Ltd gave ₹2 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 Paul Merchants Ltd pays dividends to reward its shareholders.
In the quarter ending June 2019, Paul Merchants Ltd has declared dividend of ₹2 - translating a dividend yield of 0.19%.
Let's look at Paul Merchants Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Paul Merchants Ltd’s revenue were ₹2,093.43Cr in the quarter ending December 2023. The revenue grew by 21.8% year on year basis since last quarter.
Paul Merchants Ltd’s profits were ₹17.09Cr in the quarter ending December 2023. The profits grew by 39.51% year on year basis since last quarter.
Paul Merchants Ltd’s dividend was ₹2 in the quarter ending June 2019.
Paul Merchants Ltd Dividend related ratios:
Last dividend date: 06/08/2019
Current Dividend Yield: 0.19%
Annual dividend payment: ₹2
Paul Merchants Ltd Dividend v/s Paul Merchants Ltd Share price
History of Paul Merchants Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
19/08/2019
CASH
₹2
06/08/2019
20/08/2019
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