Binayaka Tex Processors Ltd Dividend 2024 : Should Binayaka Tex Processors Ltd be a part of your dividend portfolio?
Binayaka Tex Processors Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹124.18Cr. Its share price is ₹1,749 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Binayaka Tex Processors Ltd gave ₹2 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 Binayaka Tex Processors Ltd pays dividends to reward its shareholders.
In the quarter ending June 2016, Binayaka Tex Processors Ltd has declared dividend of ₹2 - translating a dividend yield of 0.11%.
Let's look at Binayaka Tex Processors Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Binayaka Tex Processors Ltd’s revenue were ₹59.43Cr in the quarter ending September 2024. The revenue grew by 12.75% year on year basis since last quarter.
Binayaka Tex Processors Ltd’s profits were ₹0.35Cr in the quarter ending September 2024. The profits fell by -30% year on year basis since last quarter.
Binayaka Tex Processors Ltd’s dividend was ₹2 in the quarter ending June 2016.
Binayaka Tex Processors Ltd Dividend related ratios:
Last dividend date: 07/09/2016
Current Dividend Yield: 0.11%
Annual dividend payment: ₹2
History of Binayaka Tex Processors Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
22/09/2016
CASH
₹2
07/09/2016
24/09/2016
18/09/2015
CASH
₹2
29/05/2015
22/09/2015
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