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 ₹657.11Cr. Its share price is ₹905 as on 8 October,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 0.49%.
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 ₹78.26Cr in the quarter ending June 2024. The revenue grew by 16.53% year on year basis since last quarter.
Sunshield Chemicals Ltd’s profits were ₹4.01Cr in the quarter ending June 2024. The profits grew by 4.43% 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: 0.49%
Annual dividend payment: ₹4.40
History of Sunshield Chemicals Ltd's Dividend payments