Sangam Finserv Ltd Dividend 2024 : Should Sangam Finserv Ltd be a part of your dividend portfolio?
Sangam Finserv Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹112.90Cr. Its share price is ₹118.70 as on 29 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Sangam Finserv Ltd gave ₹2.20 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Financial Services stocks do not always pay a dividend but as Sangam Finserv Ltd pays dividends to reward its shareholders.
In the quarter ending March 2018, Sangam Finserv Ltd has declared dividend of ₹1.20 - translating a dividend yield of 1.85%.
Let's look at Sangam Finserv Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Sangam Finserv Ltd’s revenue were ₹4.76Cr in the quarter ending December 2023. The revenue grew by 4.85% year on year basis since last quarter.
Sangam Finserv Ltd’s profits were ₹2.16Cr in the quarter ending December 2023. The profits fell by -4% year on year basis since last quarter.
Sangam Finserv Ltd’s dividend was ₹1.20 in the quarter ending March 2018.
Sangam Finserv Ltd Dividend related ratios:
Last dividend date: 30/05/2018
Current Dividend Yield: 1.85%
Annual dividend payment: ₹2.20
History of Sangam Finserv Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
19/09/2018
CASH
₹1.20
30/05/2018
22/09/2018
20/09/2017
CASH
₹1
30/05/2017
22/09/2017
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