AMD Industries Ltd Dividend 2024 : Should AMD Industries Ltd be a part of your dividend portfolio?
AMD Industries Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹120.27Cr. Its share price is ₹60.70 as on 20 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, AMD Industries Ltd gave ₹0.75 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Cyclical stocks do not always pay a dividend but as AMD Industries Ltd pays dividends to reward its shareholders.
In the quarter ending June 2022, AMD Industries Ltd has declared dividend of ₹0.75 - translating a dividend yield of 1.24%.
Let's look at AMD Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
AMD Industries Ltd’s revenue were ₹54.38Cr in the quarter ending September 2024. The revenuefell by -10.04% year on year basis since last quarter.
AMD Industries Ltd’s profits were ₹-1.11Cr in the quarter ending September 2024. The profits grew by 16.54% year on year basis since last quarter.
AMD Industries Ltd’s dividend was ₹0.75 in the quarter ending June 2022.