Visco Trade Associates Ltd Dividend 2024 : Should Visco Trade Associates Ltd be a part of your dividend portfolio?
Visco Trade Associates Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹211.40Cr. Its share price is ₹88.90 as on 14 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Visco Trade Associates Ltd gave ₹1 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 Visco Trade Associates Ltd pays dividends to reward its shareholders.
In the quarter ending December 2023, Visco Trade Associates Ltd has declared dividend of ₹1 - translating a dividend yield of 1.12%.
Let's look at Visco Trade Associates Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Visco Trade Associates Ltd’s revenue were ₹37.10Cr in the quarter ending June 2024. The revenuefell by -13.76% year on year basis since last quarter.
Visco Trade Associates Ltd’s profits were ₹18.72Cr in the quarter ending June 2024. The profits grew by 137.87% year on year basis since last quarter.
Visco Trade Associates Ltd’s dividend was ₹1 in the quarter ending December 2023.
Visco Trade Associates Ltd Dividend related ratios:
Last dividend date: 21/03/2024
Current Dividend Yield: 1.12%
Annual dividend payment: ₹1
History of Visco Trade Associates Ltd's Dividend payments