Refnol Resins & Chemicals Ltd Dividend 2024 : Should Refnol Resins & Chemicals Ltd be a part of your dividend portfolio?
Refnol Resins & Chemicals Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹31.78Cr. Its share price is ₹104 as on 4 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Refnol Resins & Chemicals Ltd gave ₹1 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 Refnol Resins & Chemicals Ltd pays dividends to reward its shareholders.
In the quarter ending March 2019, Refnol Resins & Chemicals Ltd has declared dividend of ₹1 - translating a dividend yield of 0.96%.
Let's look at Refnol Resins & Chemicals Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Refnol Resins & Chemicals Ltd’s revenue were ₹18.65Cr in the quarter ending June 2023. The revenue grew by 12.35% year on year basis since last quarter.
Refnol Resins & Chemicals Ltd’s profits were ₹0.25Cr in the quarter ending June 2023. The profits grew by 183.33% year on year basis since last quarter.
Refnol Resins & Chemicals Ltd’s dividend was ₹1 in the quarter ending March 2019.
Refnol Resins & Chemicals Ltd Dividend related ratios: