Taneja Aerospace & Aviation Ltd Dividend 2023 : Should Taneja Aerospace & Aviation Ltd be a part of your dividend portfolio?
Taneja Aerospace & Aviation Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹597.19Cr. Its share price is ₹239.45 as on 4 October,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Taneja Aerospace & Aviation Ltd gave ₹4.50 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 Taneja Aerospace & Aviation Ltd pays dividends to reward its shareholders.
In the quarter ending June 2023, Taneja Aerospace & Aviation Ltd has declared dividend of ₹2.50 - translating a dividend yield of 1.88%.
Let's look at Taneja Aerospace & Aviation Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Taneja Aerospace & Aviation Ltd’s revenue were ₹7.72Cr in the quarter ending June 2023. The revenue grew by 20.62% year on year basis since last quarter.
Taneja Aerospace & Aviation Ltd’s profits were ₹3.44Cr in the quarter ending June 2023. The profits grew by 87.98% year on year basis since last quarter.
Taneja Aerospace & Aviation Ltd’s dividend was ₹2.50 in the quarter ending June 2023.
Taneja Aerospace & Aviation Ltd Dividend related ratios: