Uttam Sugar Mills Ltd Dividend 2023 : 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 ₹1,577.09Cr. Its share price is ₹443.05 as on 25 September,2023.
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 1.02%.
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 ₹461.77Cr in the quarter ending June 2023. The revenuefell by -23.93% year on year basis since last quarter.
Uttam Sugar Mills Ltd’s profits were ₹30.97Cr in the quarter ending June 2023. The profits fell by -17.63% year on year basis since last quarter.
Uttam Sugar Mills Ltd’s dividend was ₹2.50 in the quarter ending March 2023.