Sumeet Industries Ltd Dividend 2023 : Should Sumeet Industries Ltd be a part of your dividend portfolio?
Sumeet Industries Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹31.71Cr. Its share price is ₹2.95 as on 2 October,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Sumeet Industries Ltd gave ₹0.40 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 Sumeet Industries Ltd pays dividends to reward its shareholders.
In the quarter ending June 2012, Sumeet Industries Ltd has declared dividend of ₹0.40 - translating a dividend yield of 13.56%.
Let's look at Sumeet Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Sumeet Industries Ltd’s revenue were ₹245.04Cr in the quarter ending June 2023. The revenuefell by -17.12% year on year basis since last quarter.
Sumeet Industries Ltd’s profits were ₹-15.75Cr in the quarter ending June 2023. The profits fell by -197.17% year on year basis since last quarter.
Sumeet Industries Ltd’s dividend was ₹0.40 in the quarter ending June 2012.
Sumeet Industries Ltd Dividend related ratios:
Last dividend date: 06/08/2012
Current Dividend Yield: 13.56%
Annual dividend payment: ₹0.40
History of Sumeet Industries Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
20/09/2012
CASH
₹0.40
06/08/2012
24/09/2012
16/09/2011
CASH
₹1
11/05/2011
20/09/2011
22/09/2010
CASH
₹1
01/05/2010
24/09/2010
03/01/2007
CASH
₹1
19/12/2006
04/01/2007
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