Vivanta Industries Ltd Dividend 2024 : Should Vivanta Industries Ltd be a part of your dividend portfolio?
Vivanta Industries Ltd is one of the most popular Miscellaneous company in the world with a market capitalisation of ₹56.50Cr. Its share price is ₹4.53 as on 4 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Vivanta Industries Ltd gave ₹0.03 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Miscellaneous stocks do not always pay a dividend but as Vivanta Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Vivanta Industries Ltd has declared dividend of ₹0.03 - translating a dividend yield of 0.66%.
Let's look at Vivanta Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Vivanta Industries Ltd’s revenue were ₹10.08Cr in the quarter ending December 2023. The revenue grew by 61.8% year on year basis since last quarter.
Vivanta Industries Ltd’s profits were ₹0.28Cr in the quarter ending December 2023. The profits fell by -72% year on year basis since last quarter.
Vivanta Industries Ltd’s dividend was ₹0.03 in the quarter ending March 2023.