Shrenik Ltd Dividend 2023 : Should Shrenik Ltd be a part of your dividend portfolio?
Shrenik Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹64.26Cr. Its share price is ₹1.05 as on 22 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Shrenik Ltd gave ₹0.20 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Financial Services stocks do not always pay a dividend but as Shrenik Ltd pays dividends to reward its shareholders.
In the quarter ending March 2020, Shrenik Ltd has declared dividend of ₹0.20 - translating a dividend yield of 19.05%.
Let's look at Shrenik Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Shrenik Ltd’s revenue were ₹70.62Cr in the quarter ending June 2023. The revenue grew by 488.5% year on year basis since last quarter.
Shrenik Ltd’s profits were ₹-47.45Cr in the quarter ending June 2023. The profits fell by -5816.87% year on year basis since last quarter.
Shrenik Ltd’s dividend was ₹0.20 in the quarter ending March 2020.
Shrenik Ltd Dividend related ratios:
Last dividend date: 30/06/2020
Current Dividend Yield: 19.05%
Annual dividend payment: ₹0.20
Shrenik Ltd Dividend v/s Shrenik Ltd Share price
History of Shrenik Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
08/09/2020
CASH
₹0.20
30/06/2020
09/09/2020
08/08/2019
CASH
₹0.20
30/05/2019
12/08/2019
30/05/2018
CASH
₹1
24/04/2018
31/05/2018
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