Radhika Jeweltech Ltd Dividend 2023 : Should Radhika Jeweltech Ltd be a part of your dividend portfolio?
Radhika Jeweltech Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹434.95Cr. Its share price is ₹37.40 as on 25 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Radhika Jeweltech Ltd gave ₹2 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Basic Materials stocks do not always pay a dividend but as Radhika Jeweltech Ltd pays dividends to reward its shareholders.
In the quarter ending June 2022, Radhika Jeweltech Ltd has declared dividend of ₹1 - translating a dividend yield of 5.35%.
Let's look at Radhika Jeweltech Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Radhika Jeweltech Ltd’s revenue were ₹108.48Cr in the quarter ending June 2023. The revenue grew by 76.02% year on year basis since last quarter.
Radhika Jeweltech Ltd’s profits were ₹13.83Cr in the quarter ending June 2023. The profits grew by 35.32% year on year basis since last quarter.
Radhika Jeweltech Ltd’s dividend was ₹1 in the quarter ending June 2022.