Sikko Industries Ltd Dividend 2024 : Should Sikko Industries Ltd be a part of your dividend portfolio?
Sikko Industries Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹131.71Cr. Its share price is ₹78.25 as on 3 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Sikko Industries Ltd gave ₹0.15 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Basic Materials stocks do not always pay a dividend but as Sikko Industries Ltd pays dividends to reward its shareholders.
In the quarter ending September 2022, Sikko Industries Ltd has declared dividend of ₹0.15 - translating a dividend yield of 0.19%.
Let's look at Sikko Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Sikko Industries Ltd’s revenue were ₹13.60Cr in the quarter ending December 2023. The revenue grew by 32.68% year on year basis since last quarter.
Sikko Industries Ltd’s profits were ₹1.31Cr in the quarter ending December 2023. The profits grew by 8.26% year on year basis since last quarter.
Sikko Industries Ltd’s dividend was ₹0.15 in the quarter ending September 2022.