Snowman Logistics Ltd Dividend 2024 : Should Snowman Logistics Ltd be a part of your dividend portfolio?
Snowman Logistics Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹1,136.20Cr. Its share price is ₹68 as on 2 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Snowman Logistics Ltd gave ₹1.75 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Industrials stocks do not always pay a dividend but as Snowman Logistics Ltd pays dividends to reward its shareholders.
In the quarter ending June 2023, Snowman Logistics Ltd has declared dividend of ₹1 - translating a dividend yield of 2.57%.
Let's look at Snowman Logistics Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Snowman Logistics Ltd’s revenue were ₹125.22Cr in the quarter ending December 2023. The revenue grew by 13% year on year basis since last quarter.
Snowman Logistics Ltd’s profits were ₹4.25Cr in the quarter ending December 2023. The profits grew by 13.64% year on year basis since last quarter.
Snowman Logistics Ltd’s dividend was ₹1 in the quarter ending June 2023.