Pioneer Embroideries Ltd Dividend 2024 : Should Pioneer Embroideries Ltd be a part of your dividend portfolio?
Pioneer Embroideries Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹162.44Cr. Its share price is ₹54.96 as on 5 December,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Pioneer Embroideries Ltd gave ₹0.30 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 Pioneer Embroideries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2022, Pioneer Embroideries Ltd has declared dividend of ₹0.30 - translating a dividend yield of 0.55%.
Let's look at Pioneer Embroideries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Pioneer Embroideries Ltd’s revenue were ₹94.63Cr in the quarter ending September 2024. The revenue grew by 13.63% year on year basis since last quarter.
Pioneer Embroideries Ltd’s profits were ₹0.69Cr in the quarter ending September 2024. The profits grew by 392.86% year on year basis since last quarter.
Pioneer Embroideries Ltd’s dividend was ₹0.30 in the quarter ending March 2022.
Pioneer Embroideries Ltd Dividend related ratios:
Last dividend date: 27/05/2022
Current Dividend Yield: 0.55%
Annual dividend payment: ₹0.30
History of Pioneer Embroideries Ltd's Dividend payments