Sky Gold Ltd Dividend 2024 : Should Sky Gold Ltd be a part of your dividend portfolio?
Sky Gold Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹1,574.20Cr. Its share price is ₹1,193.20 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Sky Gold Ltd gave ₹2 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Cyclical stocks do not always pay a dividend but as Sky Gold Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Sky Gold Ltd has declared dividend of ₹1 - translating a dividend yield of 0.17%.
Let's look at Sky Gold Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Sky Gold Ltd’s revenue were ₹460.90Cr in the quarter ending December 2023. The revenue grew by 72.25% year on year basis since last quarter.
Sky Gold Ltd’s profits were ₹8.93Cr in the quarter ending December 2023. The profits grew by 40.85% year on year basis since last quarter.
Sky Gold Ltd’s dividend was ₹1 in the quarter ending March 2023.