Samrat Pharmachem Ltd Dividend 2024 : Should Samrat Pharmachem Ltd be a part of your dividend portfolio?
Samrat Pharmachem Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹128.67Cr. Its share price is ₹400.85 as on 30 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Samrat Pharmachem 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 Samrat Pharmachem Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Samrat Pharmachem Ltd has declared dividend of ₹1 - translating a dividend yield of 0.50%.
Let's look at Samrat Pharmachem Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Samrat Pharmachem Ltd’s revenue were ₹62.09Cr in the quarter ending December 2023. The revenuefell by -26.2% year on year basis since last quarter.
Samrat Pharmachem Ltd’s profits were ₹0.34Cr in the quarter ending December 2023. The profits fell by -83.81% year on year basis since last quarter.
Samrat Pharmachem Ltd’s dividend was ₹1 in the quarter ending March 2023.