Arvind Fashions Ltd Dividend 2024 : Should Arvind Fashions Ltd be a part of your dividend portfolio?
Arvind Fashions Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹7,488.49Cr. Its share price is ₹567.75 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Arvind Fashions Ltd gave ₹2.25 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Defensive stocks do not always pay a dividend but as Arvind Fashions Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Arvind Fashions Ltd has declared dividend of ₹1.25 - translating a dividend yield of 0.40%.
Let's look at Arvind Fashions Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Arvind Fashions Ltd’s revenue were ₹1,280.37Cr in the quarter ending September 2024. The revenue grew by 8.72% year on year basis since last quarter.
Arvind Fashions Ltd’s profits were ₹29.60Cr in the quarter ending September 2024. The profits grew by 36.66% year on year basis since last quarter.
Arvind Fashions Ltd’s dividend was ₹1.25 in the quarter ending March 2024.
Arvind Fashions Ltd Dividend related ratios:
Last dividend date: 21/05/2024
Current Dividend Yield: 0.40%
Annual dividend payment: ₹2.25
History of Arvind Fashions Ltd's Dividend payments