Tanfac Industries Ltd Dividend 2024 : Should Tanfac Industries Ltd be a part of your dividend portfolio?
Tanfac Industries Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹2,121.63Cr. Its share price is ₹2,239.90 as on 9 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Tanfac Industries Ltd gave ₹7 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Basic Materials stocks do not always pay a dividend but as Tanfac Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Tanfac Industries Ltd has declared dividend of ₹7 - translating a dividend yield of 0.31%.
Let's look at Tanfac Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Tanfac Industries Ltd’s revenue were ₹112.24Cr in the quarter ending September 2024. The revenue grew by 35.26% year on year basis since last quarter.
Tanfac Industries Ltd’s profits were ₹19.31Cr in the quarter ending September 2024. The profits grew by 69.83% year on year basis since last quarter.
Tanfac Industries Ltd’s dividend was ₹7 in the quarter ending March 2024.
Tanfac Industries Ltd Dividend related ratios:
Last dividend date: 22/04/2024
Current Dividend Yield: 0.31%
Annual dividend payment: ₹7
History of Tanfac Industries Ltd's Dividend payments