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SUTLEJTEX

Sutlej Textiles and Industries Ltd

₹67.86

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 ₹1,108.79Cr. Its share price is ₹67.86 as on 12 December,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 4.20%.
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 ₹689.54Cr in the quarter ending September 2024. The revenuefell by -6.75% year on year basis since last quarter.
  • Sutlej Textiles and Industries Ltd’s profits were ₹-18.75Cr in the quarter ending September 2024. The profits grew by 62.08% 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: 4.20%
  • Annual dividend payment: ₹2.85

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

FAQs

Sutlej Textiles and Industries Ltd current market price is ₹67.86 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)