Sonam Ltd Dividend 2024 : Should Sonam Ltd be a part of your dividend portfolio?
Sonam Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹165.23Cr. Its share price is ₹82.55 as on 2 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Sonam 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 Ltd pays dividends to reward its shareholders.
In the quarter ending March 2019, Sonam Ltd has declared dividend of ₹0.50 - translating a dividend yield of 1.21%.
Let's look at Sonam Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Sonam Ltd’s revenue were ₹23.56Cr in the quarter ending December 2023. The revenue grew by 5.94% year on year basis since last quarter.
Sonam Ltd’s profits were ₹1.89Cr in the quarter ending December 2023. The profits grew by 46.51% year on year basis since last quarter.
Sonam Ltd’s dividend was ₹0.50 in the quarter ending March 2019.
Sonam Ltd Dividend related ratios:
Last dividend date: 28/05/2019
Current Dividend Yield: 1.21%
Annual dividend payment: ₹1
History of Sonam Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
19/08/2019
CASH
₹0.50
28/05/2019
21/08/2019
27/11/2018
CASH
₹0.50
14/11/2018
28/11/2018
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