Shiva Mills Ltd Dividend 2024 : Should Shiva Mills Ltd be a part of your dividend portfolio?
Shiva Mills Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹87.47Cr. Its share price is ₹101 as on 2 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Shiva Mills Ltd gave ₹2.20 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 Shiva Mills Ltd pays dividends to reward its shareholders.
In the quarter ending March 2022, Shiva Mills Ltd has declared dividend of ₹1.20 - translating a dividend yield of 2.18%.
Let's look at Shiva Mills Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Shiva Mills Ltd’s revenue were ₹35.52Cr in the quarter ending December 2023. The revenue grew by 10.48% year on year basis since last quarter.
Shiva Mills Ltd’s profits were ₹0.92Cr in the quarter ending December 2023. The profits grew by 83.18% year on year basis since last quarter.
Shiva Mills Ltd’s dividend was ₹1.20 in the quarter ending March 2022.