Sigachi Industries Ltd Dividend 2023 : Should Sigachi Industries Ltd be a part of your dividend portfolio?
Sigachi Industries Ltd is one of the most popular Pharmaceuticals company in the world with a market capitalisation of ₹1,621.67Cr. Its share price is ₹51.70 as on 7 December,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Sigachi Industries Ltd gave ₹2 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Pharmaceuticals stocks do not always pay a dividend but as Sigachi Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Sigachi Industries Ltd has declared dividend of ₹1 - translating a dividend yield of 3.87%.
Let's look at Sigachi Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Sigachi Industries Ltd’s revenue were ₹100.28Cr in the quarter ending September 2023. The revenue grew by 18.42% year on year basis since last quarter.
Sigachi Industries Ltd’s profits were ₹15.12Cr in the quarter ending September 2023. The profits grew by 11.34% year on year basis since last quarter.
Sigachi Industries Ltd’s dividend was ₹1 in the quarter ending March 2023.