Shri Venkatesh Refineries Ltd Dividend 2024 : Should Shri Venkatesh Refineries Ltd be a part of your dividend portfolio?
Shri Venkatesh Refineries Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹239.99Cr. Its share price is ₹108.50 as on 2 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Shri Venkatesh Refineries Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Defensive stocks do not always pay a dividend but as Shri Venkatesh Refineries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Shri Venkatesh Refineries Ltd has declared dividend of ₹1 - translating a dividend yield of 0.92%.
Let's look at Shri Venkatesh Refineries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Shri Venkatesh Refineries Ltd’s revenue were ₹124.61Cr in the quarter ending December 2023. The revenuefell by -21.99% year on year basis since last quarter.
Shri Venkatesh Refineries Ltd’s profits were ₹4.16Cr in the quarter ending December 2023. The profits fell by -27.27% year on year basis since last quarter.
Shri Venkatesh Refineries Ltd’s dividend was ₹1 in the quarter ending March 2023.
Shri Venkatesh Refineries Ltd Dividend related ratios: