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 ₹750.01Cr. Its share price is ₹1,048 as on 26 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Sunshield Chemicals Ltd gave ₹4.40 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 March 2024, Sunshield Chemicals Ltd has declared dividend of ₹1.20 - translating a dividend yield of 0.42%.
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 ₹85.88Cr in the quarter ending March 2024. The revenue grew by 27.78% year on year basis since last quarter.
Sunshield Chemicals Ltd’s profits were ₹5.99Cr in the quarter ending March 2024. The profits grew by 78.81% year on year basis since last quarter.
Sunshield Chemicals Ltd’s dividend was ₹1.20 in the quarter ending March 2024.
Sunshield Chemicals Ltd Dividend related ratios:
Last dividend date: 16/05/2024
Current Dividend Yield: 0.42%
Annual dividend payment: ₹4.40
History of Sunshield Chemicals Ltd's Dividend payments