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 ₹163.39Cr. Its share price is ₹347 as on 30 April,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 0.29%.
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 ₹39.76Cr in the quarter ending March 2024. The revenue grew by 29.55% year on year basis since last quarter.
Visco Trade Associates Ltd’s profits were ₹5.37Cr in the quarter ending March 2024. The profits grew by 162.81% 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: