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 ₹220.49Cr. Its share price is ₹24.56 as on 1 May,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 0.49%.
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 ₹39.09Cr in the quarter ending December 2023. The revenuefell by -27.57% year on year basis since last quarter.
Shahlon Silk Industries Ltd’s profits were ₹0.67Cr in the quarter ending December 2023. The profits fell by -34.31% 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: