Sonam Clock Ltd Dividend 2023 : Should Sonam Clock Ltd be a part of your dividend portfolio?
Sonam Clock Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹118.09Cr. Its share price is ₹59.20 as on 25 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Sonam Clock Ltd gave ₹1 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 Sonam Clock Ltd pays dividends to reward its shareholders.
In the quarter ending March 2019, Sonam Clock Ltd has declared dividend of ₹0.50 - translating a dividend yield of 1.69%.
Let's look at Sonam Clock Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Sonam Clock Ltd’s revenue were ₹17.44Cr in the quarter ending June 2023. The revenuefell by -20.37% year on year basis since last quarter.
Sonam Clock Ltd’s profits were ₹0.75Cr in the quarter ending June 2023. The profits fell by -42.75% year on year basis since last quarter.
Sonam Clock Ltd’s dividend was ₹0.50 in the quarter ending March 2019.