Rossari Biotech Ltd Dividend 2024 : Should Rossari Biotech Ltd be a part of your dividend portfolio?
Rossari Biotech Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹4,538.70Cr. Its share price is ₹822.35 as on 4 December,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Rossari Biotech 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 Rossari Biotech Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Rossari Biotech Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.12%.
Let's look at Rossari Biotech Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Rossari Biotech Ltd’s revenue were ₹499.36Cr in the quarter ending September 2024. The revenue grew by 2.99% year on year basis since last quarter.
Rossari Biotech Ltd’s profits were ₹35.33Cr in the quarter ending September 2024. The profits grew by 7.22% year on year basis since last quarter.
Rossari Biotech Ltd’s dividend was ₹0.50 in the quarter ending March 2024.
Rossari Biotech Ltd Dividend related ratios:
Last dividend date: 29/04/2024
Current Dividend Yield: 0.12%
Annual dividend payment: ₹1
History of Rossari Biotech Ltd's Dividend payments