Aeroflex Industries Ltd Dividend 2024 : Should Aeroflex Industries Ltd be a part of your dividend portfolio?
Aeroflex Industries Ltd is one of the most popular Steel company in the world with a market capitalisation of ₹2,416.35Cr. Its share price is ₹187.38 as on 8 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Aeroflex Industries Ltd gave ₹0.25 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Steel stocks do not always pay a dividend but as Aeroflex Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Aeroflex Industries Ltd has declared dividend of ₹0.25 - translating a dividend yield of 0.13%.
Let's look at Aeroflex Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Aeroflex Industries Ltd’s revenue were ₹90.78Cr in the quarter ending June 2024. The revenue grew by 7.97% year on year basis since last quarter.
Aeroflex Industries Ltd’s profits were ₹12.41Cr in the quarter ending June 2024. The profits grew by 11.9% year on year basis since last quarter.
Aeroflex Industries Ltd’s dividend was ₹0.25 in the quarter ending March 2024.
Aeroflex Industries Ltd Dividend related ratios:
Last dividend date: 06/05/2024
Current Dividend Yield: 0.13%
Annual dividend payment: ₹0.25
History of Aeroflex Industries Ltd's Dividend payments