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 ₹1,293.60Cr. Its share price is ₹77.43 as on 25 July,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 2.26%.
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 ₹129.40Cr in the quarter ending March 2024. The revenue grew by 11.34% year on year basis since last quarter.
Snowman Logistics Ltd’s profits were ₹2.15Cr in the quarter ending March 2024. The profits fell by -57.84% year on year basis since last quarter.
Snowman Logistics Ltd’s dividend was ₹1 in the quarter ending June 2023.