Waaree Renewables Technologies Ltd Dividend 2024 : Should Waaree Renewables Technologies Ltd be a part of your dividend portfolio?
Waaree Renewables Technologies Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹28,624.90Cr. Its share price is ₹2,611.05 as on 29 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Waaree Renewables Technologies Ltd gave ₹1.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Utilities stocks do not always pay a dividend but as Waaree Renewables Technologies Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Waaree Renewables Technologies Ltd has declared dividend of ₹1 - translating a dividend yield of 0.06%.
Let's look at Waaree Renewables Technologies Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Waaree Renewables Technologies Ltd’s revenue were ₹324.68Cr in the quarter ending December 2023. The revenue grew by 337.46% year on year basis since last quarter.
Waaree Renewables Technologies Ltd’s profits were ₹64.48Cr in the quarter ending December 2023. The profits grew by 157.2% year on year basis since last quarter.
Waaree Renewables Technologies Ltd’s dividend was ₹1 in the quarter ending March 2023.
Waaree Renewables Technologies Ltd Dividend related ratios: