SMS Lifesciences India Ltd Dividend 2023 : Should SMS Lifesciences India Ltd be a part of your dividend portfolio?
SMS Lifesciences India Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹154.96Cr. Its share price is ₹520.25 as on 30 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, SMS Lifesciences India Ltd gave ₹1.50 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 SMS Lifesciences India Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, SMS Lifesciences India Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.29%.
Let's look at SMS Lifesciences India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
SMS Lifesciences India Ltd’s revenue were ₹75.27Cr in the quarter ending June 2023. The revenuefell by -8.85% year on year basis since last quarter.
SMS Lifesciences India Ltd’s profits were ₹-1.80Cr in the quarter ending June 2023. The profits fell by -159.8% year on year basis since last quarter.
SMS Lifesciences India Ltd’s dividend was ₹1.50 in the quarter ending March 2023.
SMS Lifesciences India Ltd Dividend related ratios:
Last dividend date: 29/05/2023
Current Dividend Yield: 0.29%
Annual dividend payment: ₹1.50
SMS Lifesciences India Ltd Dividend v/s SMS Lifesciences India Ltd Share price
History of SMS Lifesciences India Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
22/09/2023
CASH
₹1.50
29/05/2023
23/09/2023
22/09/2022
CASH
₹1.50
28/05/2022
24/09/2022
20/09/2021
CASH
₹1.50
18/06/2021
21/09/2021
19/09/2019
CASH
₹1.50
29/05/2019
23/09/2019
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