Atam Valves Ltd Dividend 2024 : Should Atam Valves Ltd be a part of your dividend portfolio?
Atam Valves Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹164.44Cr. Its share price is ₹144.24 as on 24 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Atam Valves Ltd gave ₹2.25 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 Atam Valves Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Atam Valves Ltd has declared dividend of ₹0.75 - translating a dividend yield of 1.56%.
Let's look at Atam Valves Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Atam Valves Ltd’s revenue were ₹16.96Cr in the quarter ending September 2024. The revenue grew by 32.92% year on year basis since last quarter.
Atam Valves Ltd’s profits were ₹1.66Cr in the quarter ending September 2024. The profits grew by 25.76% year on year basis since last quarter.
Atam Valves Ltd’s dividend was ₹0.75 in the quarter ending March 2024.