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 ₹1,929.96Cr. Its share price is ₹1,953.50 as on 21 October,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 0.36%.
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 ₹96.65Cr in the quarter ending June 2024. The revenuefell by -11.09% year on year basis since last quarter.
Tanfac Industries Ltd’s profits were ₹11.29Cr in the quarter ending June 2024. The profits fell by -38.61% 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: 0.36%
Annual dividend payment: ₹7
History of Tanfac Industries Ltd's Dividend payments