Sunshield Chemicals Ltd Dividend 2024 : Should Sunshield Chemicals Ltd be a part of your dividend portfolio?
Sunshield Chemicals Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹628.43Cr. Its share price is ₹833 as on 2 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Sunshield Chemicals Ltd gave ₹3.20 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Basic Materials stocks do not always pay a dividend but as Sunshield Chemicals Ltd pays dividends to reward its shareholders.
In the quarter ending December 2023, Sunshield Chemicals Ltd has declared dividend of ₹1.20 - translating a dividend yield of 0.38%.
Let's look at Sunshield Chemicals Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Sunshield Chemicals Ltd’s revenue were ₹65.57Cr in the quarter ending December 2023. The revenue grew by 26.46% year on year basis since last quarter.
Sunshield Chemicals Ltd’s profits were ₹5.13Cr in the quarter ending December 2023. The profits grew by 413% year on year basis since last quarter.
Sunshield Chemicals Ltd’s dividend was ₹1.20 in the quarter ending December 2023.