Shahlon Silk Industries Ltd Dividend 2024 : Should Shahlon Silk Industries Ltd be a part of your dividend portfolio?
Shahlon Silk Industries Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹224.77Cr. Its share price is ₹24.82 as on 27 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Shahlon Silk Industries Ltd gave ₹0.12 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 Shahlon Silk Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Shahlon Silk Industries Ltd has declared dividend of ₹0.06 - translating a dividend yield of 0.48%.
Let's look at Shahlon Silk Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Shahlon Silk Industries Ltd’s revenue were ₹173.96Cr in the quarter ending March 2024. The revenue grew by 41.08% year on year basis since last quarter.
Shahlon Silk Industries Ltd’s profits were ₹1.17Cr in the quarter ending March 2024. The profits grew by 244.12% year on year basis since last quarter.
Shahlon Silk Industries Ltd’s dividend was ₹0.06 in the quarter ending March 2023.
Shahlon Silk Industries Ltd Dividend related ratios:
Last dividend date: 26/05/2023
Current Dividend Yield: 0.48%
Annual dividend payment: ₹0.12
History of Shahlon Silk Industries Ltd's Dividend payments