Yasho Industries Ltd Dividend 2024 : Should Yasho Industries Ltd be a part of your dividend portfolio?
Yasho Industries Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹2,156.90Cr. Its share price is ₹1,890.15 as on 26 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Yasho Industries Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Basic Materials stocks do not always pay a dividend but as Yasho Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Yasho Industries Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.05%.
Let's look at Yasho Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Yasho Industries Ltd’s revenue were ₹133.48Cr in the quarter ending December 2023. The revenuefell by -12.55% year on year basis since last quarter.
Yasho Industries Ltd’s profits were ₹13.54Cr in the quarter ending December 2023. The profits grew by 29.45% year on year basis since last quarter.
Yasho Industries Ltd’s dividend was ₹0.50 in the quarter ending March 2023.