Vuenow Infratech Ltd Dividend 2024 : Should Vuenow Infratech Ltd be a part of your dividend portfolio?
Vuenow Infratech Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹30.74Cr. Its share price is ₹17.27 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Vuenow Infratech Ltd gave ₹0.50 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 Vuenow Infratech Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Vuenow Infratech Ltd has declared dividend of ₹0.50 - translating a dividend yield of 2.90%.
Let's look at Vuenow Infratech Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Vuenow Infratech Ltd’s profits were ₹0.79Cr in the quarter ending December 2023. The profits grew by 1680% year on year basis since last quarter.
Vuenow Infratech Ltd’s dividend was ₹0.50 in the quarter ending March 2024.