Arihant Academy Ltd Dividend 2024 : Should Arihant Academy Ltd be a part of your dividend portfolio?
Arihant Academy Ltd is one of the most popular Education company in the world with a market capitalisation of ₹132.61Cr. Its share price is ₹228.35 as on 27 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Arihant Academy Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights- Education stocks do not always pay a dividend but as Arihant Academy Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Arihant Academy Ltd has declared dividend of ₹1 - translating a dividend yield of 0.44%.
Let's look at Arihant Academy Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:- Arihant Academy Ltd’s revenue were ₹11.23Cr in the quarter ending September 2024. The revenuefell by -49.89% year on year basis since last quarter.
- Arihant Academy Ltd’s profits were ₹1.53Cr in the quarter ending September 2024. The profits fell by -34.05% year on year basis since last quarter.
- Arihant Academy Ltd’s dividend was ₹1 in the quarter ending March 2024.
Arihant Academy Ltd Dividend related ratios:- Last dividend date: 28/05/2024
- Current Dividend Yield: 0.44%
- Annual dividend payment: ₹1