SBC Exports Ltd Dividend 2023 : Should SBC Exports Ltd be a part of your dividend portfolio?
SBC Exports Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹430.69Cr. Its share price is ₹20.35 as on 24 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, SBC Exports Ltd gave ₹0.05 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 SBC Exports Ltd pays dividends to reward its shareholders.
In the quarter ending June 2023, SBC Exports Ltd has declared dividend of ₹0.05 - translating a dividend yield of 0.25%.
Let's look at SBC Exports Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
SBC Exports Ltd’s revenue were ₹53.81Cr in the quarter ending June 2023. The revenue grew by 28.33% year on year basis since last quarter.
SBC Exports Ltd’s profits were ₹4.59Cr in the quarter ending June 2023. The profits grew by 95.32% year on year basis since last quarter.
SBC Exports Ltd’s dividend was ₹0.05 in the quarter ending June 2023.