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SUTLEJTEX

Sutlej Textiles and Industries Ltd

₹59.21

Sutlej Textiles and Industries Ltd Dividend 2024 : Should Sutlej Textiles and Industries Ltd be a part of your dividend portfolio?

Sutlej Textiles and Industries Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹966.59Cr. Its share price is ₹59.21 as on 21 June,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Sutlej Textiles and Industries Ltd gave ₹2.85 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 Sutlej Textiles and Industries Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Sutlej Textiles and Industries Ltd has declared dividend of ₹1 - translating a dividend yield of 4.81%.

Let's look at Sutlej Textiles and Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Sutlej Textiles and Industries Ltd’s revenue were ₹665.13Cr in the quarter ending March 2024. The revenuefell by -11.53% year on year basis since last quarter.
  • Sutlej Textiles and Industries Ltd’s profits were ₹-25.55Cr in the quarter ending March 2024. The profits fell by -7.13% year on year basis since last quarter.
  • Sutlej Textiles and Industries Ltd’s dividend was ₹1 in the quarter ending March 2023.

Sutlej Textiles and Industries Ltd Dividend related ratios:

  • Last dividend date: 05/05/2023
  • Current Dividend Yield: 4.81%
  • Annual dividend payment: ₹2.85

Sutlej Textiles and Industries Ltd Dividend v/s Sutlej Textiles and Industries Ltd Share price

History of Sutlej Textiles and Industries Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
18/08/2023
CASH
₹1
05/05/2023
18/08/2023
26/08/2022
CASH
₹1.85
07/05/2022
29/08/2022
27/08/2021
CASH
₹0.30
07/05/2021
30/08/2021
14/09/2020
CASH
₹0.30
12/06/2020
15/09/2020
20/08/2019
CASH
₹0.65
09/05/2019
21/08/2019
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FAQs

Sutlej Textiles and Industries Ltd current market price is ₹59.21 per share

Sutlej Textiles and Industries Ltd has declared dividend worth ₹1 in the latest quarter.

Sutlej Textiles and Industries Ltd has declared dividend on 05/05/2023 of ₹1.

Sutlej Textiles and Industries Ltd has declared dividend 1 times of ₹1 in the previous financial year (FY2023-2024)