Uttam Sugar Mills Ltd Dividend 2024 : Should Uttam Sugar Mills Ltd be a part of your dividend portfolio?
Uttam Sugar Mills Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹1,375.71Cr. Its share price is ₹360.25 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Uttam Sugar Mills Ltd gave ₹4.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Cyclical stocks do not always pay a dividend but as Uttam Sugar Mills Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Uttam Sugar Mills Ltd has declared dividend of ₹2.50 - translating a dividend yield of 1.25%.
Let's look at Uttam Sugar Mills Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Uttam Sugar Mills Ltd’s revenue were ₹520.02Cr in the quarter ending December 2023. The revenue grew by 9.76% year on year basis since last quarter.
Uttam Sugar Mills Ltd’s profits were ₹43.47Cr in the quarter ending December 2023. The profits grew by 66.81% year on year basis since last quarter.
Uttam Sugar Mills Ltd’s dividend was ₹2.50 in the quarter ending March 2023.