Sharat Industries Ltd Dividend 2024 : Should Sharat Industries Ltd be a part of your dividend portfolio?
Sharat Industries Ltd is one of the most popular Miscellaneous company in the world with a market capitalisation of ₹139.36Cr. Its share price is ₹59.44 as on 8 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Sharat Industries Ltd gave ₹0.25 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Miscellaneous stocks do not always pay a dividend but as Sharat Industries Ltd pays dividends to reward its shareholders.
In the quarter ending September 2023, Sharat Industries Ltd has declared dividend of ₹0.25 - translating a dividend yield of 0.42%.
Let's look at Sharat Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Sharat Industries Ltd’s revenue were ₹90.14Cr in the quarter ending June 2024. The revenue grew by 12.58% year on year basis since last quarter.
Sharat Industries Ltd’s profits were ₹3.06Cr in the quarter ending June 2024. The profits grew by 70% year on year basis since last quarter.
Sharat Industries Ltd’s dividend was ₹0.25 in the quarter ending September 2023.
Sharat Industries Ltd Dividend related ratios:
Last dividend date: 14/11/2023
Current Dividend Yield: 0.42%
Annual dividend payment: ₹0.25
History of Sharat Industries Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
24/11/2023
CASH
₹0.25
14/11/2023
24/11/2023
Discover More Dividend Stocks in Miscellaneous Sector