Wonder Electricals Ltd Dividend 2024 : Should Wonder Electricals Ltd be a part of your dividend portfolio?
Wonder Electricals Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹1,515.56Cr. Its share price is ₹1,129.80 as on 2 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Wonder Electricals Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Industrials stocks do not always pay a dividend but as Wonder Electricals Ltd pays dividends to reward its shareholders.
In the quarter ending December 2023, Wonder Electricals Ltd has declared dividend of ₹1 - translating a dividend yield of 0.09%.
Let's look at Wonder Electricals Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Wonder Electricals Ltd’s revenue were ₹131.20Cr in the quarter ending December 2023. The revenue grew by 36.81% year on year basis since last quarter.
Wonder Electricals Ltd’s profits were ₹2.99Cr in the quarter ending December 2023. The profits grew by 187.5% year on year basis since last quarter.
Wonder Electricals Ltd’s dividend was ₹1 in the quarter ending December 2023.