Tilaknagar Industries Ltd Dividend 2024 : Should Tilaknagar Industries Ltd be a part of your dividend portfolio?
Tilaknagar Industries Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹5,515.66Cr. Its share price is ₹285.40 as on 5 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Tilaknagar Industries Ltd gave ₹0.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Defensive stocks do not always pay a dividend but as Tilaknagar Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Tilaknagar Industries Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.18%.
Let's look at Tilaknagar Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Tilaknagar Industries Ltd’s revenue were ₹314.90Cr in the quarter ending June 2024. The revenue grew by 3.16% year on year basis since last quarter.
Tilaknagar Industries Ltd’s profits were ₹40.09Cr in the quarter ending June 2024. The profits grew by 55.69% year on year basis since last quarter.
Tilaknagar Industries Ltd’s dividend was ₹0.50 in the quarter ending March 2024.
Tilaknagar Industries Ltd Dividend related ratios:
Last dividend date: 21/05/2024
Current Dividend Yield: 0.18%
Annual dividend payment: ₹0.50
History of Tilaknagar Industries Ltd's Dividend payments