Vishwaraj Sugar Industries Ltd Dividend 2024 : Should Vishwaraj Sugar Industries Ltd be a part of your dividend portfolio?
Vishwaraj Sugar Industries Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹313.59Cr. Its share price is ₹16.65 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Vishwaraj Sugar Industries Ltd gave ₹0.30 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 Vishwaraj Sugar Industries Ltd pays dividends to reward its shareholders.
In the quarter ending December 2022, Vishwaraj Sugar Industries Ltd has declared dividend of ₹0.10 - translating a dividend yield of 1.80%.
Let's look at Vishwaraj Sugar Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Vishwaraj Sugar Industries Ltd’s revenue were ₹106.84Cr in the quarter ending December 2023. The revenue grew by 4.1% year on year basis since last quarter.
Vishwaraj Sugar Industries Ltd’s profits were ₹31.24Cr in the quarter ending December 2023. The profits fell by -17.31% year on year basis since last quarter.
Vishwaraj Sugar Industries Ltd’s dividend was ₹0.10 in the quarter ending December 2022.
Vishwaraj Sugar Industries Ltd Dividend related ratios: