Alufluoride Ltd Dividend 2024 : Should Alufluoride Ltd be a part of your dividend portfolio?
Alufluoride Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹367.02Cr. Its share price is ₹492.55 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Alufluoride Ltd gave ₹5 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 Alufluoride Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Alufluoride Ltd has declared dividend of ₹3 - translating a dividend yield of 1.02%.
Let's look at Alufluoride Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Alufluoride Ltd’s revenue were ₹53.63Cr in the quarter ending September 2024. The revenue grew by 18.76% year on year basis since last quarter.
Alufluoride Ltd’s profits were ₹6.65Cr in the quarter ending September 2024. The profits grew by 18.33% year on year basis since last quarter.
Alufluoride Ltd’s dividend was ₹3 in the quarter ending March 2024.