Softtech Engineers Ltd Dividend 2024 : Should Softtech Engineers Ltd be a part of your dividend portfolio?
Softtech Engineers Ltd is one of the most popular Technology company in the world with a market capitalisation of ₹427.07Cr. Its share price is ₹328.15 as on 25 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Softtech Engineers Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Technology stocks do not always pay a dividend but as Softtech Engineers Ltd pays dividends to reward its shareholders.
In the quarter ending March 2019, Softtech Engineers Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.30%.
Let's look at Softtech Engineers Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Softtech Engineers Ltd’s revenue were ₹19.09Cr in the quarter ending December 2023. The revenue grew by 5.88% year on year basis since last quarter.
Softtech Engineers Ltd’s profits were ₹0.71Cr in the quarter ending December 2023. The profits fell by -50% year on year basis since last quarter.
Softtech Engineers Ltd’s dividend was ₹0.50 in the quarter ending March 2019.