Upsurge Investment & Finance Ltd Dividend 2023 : Should Upsurge Investment & Finance Ltd be a part of your dividend portfolio?
Upsurge Investment & Finance Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹59.60Cr. Its share price is ₹39.34 as on 2 October,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Upsurge Investment & Finance Ltd gave ₹0.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Financial Services stocks do not always pay a dividend but as Upsurge Investment & Finance Ltd pays dividends to reward its shareholders.
In the quarter ending June 2023, Upsurge Investment & Finance Ltd has declared dividend of ₹0.50 - translating a dividend yield of 1.27%.
Let's look at Upsurge Investment & Finance Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Upsurge Investment & Finance Ltd’s revenue were ₹11Cr in the quarter ending June 2023. The revenuefell by -2.91% year on year basis since last quarter.
Upsurge Investment & Finance Ltd’s profits were ₹3.42Cr in the quarter ending June 2023. The profits grew by 71% year on year basis since last quarter.
Upsurge Investment & Finance Ltd’s dividend was ₹0.50 in the quarter ending June 2023.
Upsurge Investment & Finance Ltd Dividend related ratios: