Adroit Infotech Ltd Dividend 2024 : Should Adroit Infotech Ltd be a part of your dividend portfolio?
Adroit Infotech Ltd is one of the most popular Technology company in the world with a market capitalisation of ₹74.11Cr. Its share price is ₹21.85 as on 16 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Adroit Infotech Ltd gave ₹0.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Technology stocks do not always pay a dividend but as Adroit Infotech Ltd pays dividends to reward its shareholders.
In the quarter ending March 2017, Adroit Infotech Ltd has declared dividend of ₹0.50 - translating a dividend yield of 2.29%.
Let's look at Adroit Infotech Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Adroit Infotech Ltd’s revenue were ₹7.36Cr in the quarter ending September 2024. The revenue grew by 77.35% year on year basis since last quarter.
Adroit Infotech Ltd’s profits were ₹0.45Cr in the quarter ending September 2024. The profits grew by 162.5% year on year basis since last quarter.
Adroit Infotech Ltd’s dividend was ₹0.50 in the quarter ending March 2017.
Adroit Infotech Ltd Dividend related ratios:
Last dividend date: 30/05/2017
Current Dividend Yield: 2.29%
Annual dividend payment: ₹0.50
History of Adroit Infotech Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
21/08/2017
CASH
₹0.50
30/05/2017
23/08/2017
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