Batliboi Ltd Dividend 2024 : Should Batliboi Ltd be a part of your dividend portfolio?
Batliboi Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹497.15Cr. Its share price is ₹145.25 as on 23 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Batliboi Ltd gave ₹0.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Industrials stocks do not always pay a dividend but as Batliboi Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Batliboi Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.34%.
Let's look at Batliboi Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Batliboi Ltd’s revenue were ₹77.29Cr in the quarter ending September 2024. The revenue grew by 8.54% year on year basis since last quarter.
Batliboi Ltd’s profits were ₹3.99Cr in the quarter ending September 2024. The profits grew by 64.88% year on year basis since last quarter.
Batliboi Ltd’s dividend was ₹0.50 in the quarter ending March 2024.