Sanrhea Technical Textile Ltd Dividend 2023 : Should Sanrhea Technical Textile Ltd be a part of your dividend portfolio?
Sanrhea Technical Textile Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹29.89Cr. Its share price is ₹69.25 as on 22 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Sanrhea Technical Textile Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Cyclical stocks do not always pay a dividend but as Sanrhea Technical Textile Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Sanrhea Technical Textile Ltd has declared dividend of ₹1 - translating a dividend yield of 1.44%.
Let's look at Sanrhea Technical Textile Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Sanrhea Technical Textile Ltd’s revenue were ₹17.39Cr in the quarter ending June 2023. The revenuefell by -3.66% year on year basis since last quarter.
Sanrhea Technical Textile Ltd’s profits were ₹0.58Cr in the quarter ending June 2023. The profits fell by -13.43% year on year basis since last quarter.
Sanrhea Technical Textile Ltd’s dividend was ₹1 in the quarter ending March 2023.
Sanrhea Technical Textile Ltd Dividend related ratios: