Syrma SGS Technology Ltd Dividend 2024 : Should Syrma SGS Technology Ltd be a part of your dividend portfolio?
Syrma SGS Technology Ltd is one of the most popular Electronics company in the world with a market capitalisation of ₹8,166.25Cr. Its share price is ₹473 as on 25 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Syrma SGS Technology Ltd gave ₹1.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Electronics stocks do not always pay a dividend but as Syrma SGS Technology Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Syrma SGS Technology Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.32%.
Let's look at Syrma SGS Technology Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Syrma SGS Technology Ltd’s revenue were ₹1,149.73Cr in the quarter ending March 2024. The revenue grew by 63.46% year on year basis since last quarter.
Syrma SGS Technology Ltd’s profits were ₹34.94Cr in the quarter ending March 2024. The profits fell by -17.44% year on year basis since last quarter.
Syrma SGS Technology Ltd’s dividend was ₹1.50 in the quarter ending March 2023.