SBI Cards & Payment Services Ltd Dividend 2024 : Should SBI Cards & Payment Services Ltd be a part of your dividend portfolio?
SBI Cards & Payment Services Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹69,240.21Cr. Its share price is ₹728.30 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, SBI Cards & Payment Services Ltd gave ₹5 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 SBI Cards & Payment Services Ltd pays dividends to reward its shareholders.
In the quarter ending December 2023, SBI Cards & Payment Services Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.69%.
Let's look at SBI Cards & Payment Services Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
SBI Cards & Payment Services Ltd’s revenue were ₹4,474.57Cr in the quarter ending March 2024. The revenue grew by 14.25% year on year basis since last quarter.
SBI Cards & Payment Services Ltd’s profits were ₹662.37Cr in the quarter ending March 2024. The profits grew by 11.05% year on year basis since last quarter.
SBI Cards & Payment Services Ltd’s dividend was ₹2.50 in the quarter ending December 2023.
SBI Cards & Payment Services Ltd Dividend related ratios: