Shradha Infraprojects Ltd Dividend 2024 : Should Shradha Infraprojects Ltd be a part of your dividend portfolio?
Shradha Infraprojects Ltd is one of the most popular Real Estate company in the world with a market capitalisation of ₹132.73Cr. Its share price is ₹78.55 as on 24 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Shradha Infraprojects Ltd gave ₹2.25 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Real Estate stocks do not always pay a dividend but as Shradha Infraprojects Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Shradha Infraprojects Ltd has declared dividend of ₹0.25 - translating a dividend yield of 2.86%.
Let's look at Shradha Infraprojects Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Shradha Infraprojects Ltd’s revenue were ₹28.31Cr in the quarter ending December 2023. The revenuefell by -43.03% year on year basis since last quarter.
Shradha Infraprojects Ltd’s profits were ₹4.55Cr in the quarter ending December 2023. The profits fell by -56.33% year on year basis since last quarter.
Shradha Infraprojects Ltd’s dividend was ₹0.25 in the quarter ending March 2023.
Shradha Infraprojects Ltd Dividend related ratios: