Suryalakshmi Cotton Mills Ltd Dividend 2024 : Should Suryalakshmi Cotton Mills Ltd be a part of your dividend portfolio?
Suryalakshmi Cotton Mills Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹171.11Cr. Its share price is ₹89.50 as on 15 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Suryalakshmi Cotton Mills Ltd gave ₹2.80 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Cyclical stocks do not always pay a dividend but as Suryalakshmi Cotton Mills Ltd pays dividends to reward its shareholders.
In the quarter ending March 2017, Suryalakshmi Cotton Mills Ltd has declared dividend of ₹1 - translating a dividend yield of 3.13%.
Let's look at Suryalakshmi Cotton Mills Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Suryalakshmi Cotton Mills Ltd’s revenue were ₹160.21Cr in the quarter ending June 2024. The revenuefell by -8.88% year on year basis since last quarter.
Suryalakshmi Cotton Mills Ltd’s profits were ₹0.43Cr in the quarter ending June 2024. The profits fell by -60.55% year on year basis since last quarter.
Suryalakshmi Cotton Mills Ltd’s dividend was ₹1 in the quarter ending March 2017.
Suryalakshmi Cotton Mills Ltd Dividend related ratios:
Last dividend date: 13/05/2017
Current Dividend Yield: 3.13%
Annual dividend payment: ₹2.80
History of Suryalakshmi Cotton Mills Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
18/08/2017
CASH
₹1
13/05/2017
22/08/2017
20/07/2016
CASH
₹1.80
25/05/2016
22/07/2016
21/07/2015
CASH
₹1.20
29/05/2015
23/07/2015
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