Suraj Ltd Dividend 2024 : Should Suraj Ltd be a part of your dividend portfolio?
Suraj Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹842.91Cr. Its share price is ₹459 as on 12 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Suraj Ltd gave ₹1.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Industrials stocks do not always pay a dividend but as Suraj Ltd pays dividends to reward its shareholders.
In the quarter ending December 2023, Suraj Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.33%.
Let's look at Suraj Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Suraj Ltd’s revenue were ₹56.73Cr in the quarter ending June 2024. The revenuefell by -26.19% year on year basis since last quarter.
Suraj Ltd’s profits were ₹5.70Cr in the quarter ending June 2024. The profits grew by 18.5% year on year basis since last quarter.
Suraj Ltd’s dividend was ₹1.50 in the quarter ending December 2023.
Suraj Ltd Dividend related ratios:
Last dividend date: 18/01/2024
Current Dividend Yield: 0.33%
Annual dividend payment: ₹1.50
History of Suraj Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
31/01/2024
CASH
₹1.50
18/01/2024
31/01/2024
09/07/2015
CASH
₹1.50
13/05/2015
13/07/2015
Suraj Ltd Dividend v/s Suraj Ltd Share price
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