Sanrhea Technical Textile Ltd Dividend 2024 : 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 ₹75Cr. Its share price is ₹164 as on 21 May,2024.
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 0.61%.
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 ₹17.98Cr in the quarter ending December 2023. The revenue grew by 13.94% year on year basis since last quarter.
Sanrhea Technical Textile Ltd’s profits were ₹1.41Cr in the quarter ending December 2023. The profits grew by 107.35% 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: