Sah Polymers Ltd Dividend 2024 : Should Sah Polymers Ltd be a part of your dividend portfolio?
Sah Polymers Ltd is one of the most popular Packaging company in the world with a market capitalisation of ₹220.25Cr. Its share price is ₹84.35 as on 25 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Sah Polymers Ltd gave ₹0.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Packaging stocks do not always pay a dividend but as Sah Polymers Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Sah Polymers Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.59%.
Let's look at Sah Polymers Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Sah Polymers Ltd’s revenue were ₹32.82Cr in the quarter ending March 2024. The revenue grew by 60.8% year on year basis since last quarter.
Sah Polymers Ltd’s profits were ₹0.11Cr in the quarter ending March 2024. The profits fell by -81.03% year on year basis since last quarter.
Sah Polymers Ltd’s dividend was ₹0.50 in the quarter ending March 2023.