Teesta Agro Industries Ltd Dividend 2023 : Should Teesta Agro Industries Ltd be a part of your dividend portfolio?
Teesta Agro Industries Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹61.23Cr. Its share price is ₹107 as on 22 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Teesta Agro Industries Ltd gave ₹2.50 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 Teesta Agro Industries Ltd pays dividends to reward its shareholders.
In the quarter ending June 2022, Teesta Agro Industries Ltd has declared dividend of ₹2.50 - translating a dividend yield of 2.34%.
Let's look at Teesta Agro Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Teesta Agro Industries Ltd’s revenue were ₹30.51Cr in the quarter ending June 2023. The revenuefell by -59.12% year on year basis since last quarter.
Teesta Agro Industries Ltd’s profits were ₹0.45Cr in the quarter ending June 2023. The profits grew by 12.5% year on year basis since last quarter.
Teesta Agro Industries Ltd’s dividend was ₹2.50 in the quarter ending June 2022.
Teesta Agro Industries Ltd Dividend related ratios:
Last dividend date: 25/08/2022
Current Dividend Yield: 2.34%
Annual dividend payment: ₹2.50
History of Teesta Agro Industries Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
16/09/2022
CASH
₹2.50
25/08/2022
17/09/2022
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