Suraj Products Ltd Dividend 2024 : Should Suraj Products Ltd be a part of your dividend portfolio?
Suraj Products Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹637.15Cr. Its share price is ₹531 as on 14 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Suraj Products Ltd gave ₹3.50 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 Products Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Suraj Products Ltd has declared dividend of ₹2 - translating a dividend yield of 0.66%.
Let's look at Suraj Products Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Suraj Products Ltd’s revenue were ₹75.76Cr in the quarter ending September 2024. The revenue grew by 11.69% year on year basis since last quarter.
Suraj Products Ltd’s profits were ₹6.49Cr in the quarter ending September 2024. The profits fell by -11.22% year on year basis since last quarter.
Suraj Products Ltd’s dividend was ₹2 in the quarter ending March 2024.