Cochin Minerals & Rutile Ltd Dividend 2024 : Should Cochin Minerals & Rutile Ltd be a part of your dividend portfolio?
Cochin Minerals & Rutile Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹246.68Cr. Its share price is ₹317.20 as on 8 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Cochin Minerals & Rutile Ltd gave ₹8 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Basic Materials stocks do not always pay a dividend but as Cochin Minerals & Rutile Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Cochin Minerals & Rutile Ltd has declared dividend of ₹8 - translating a dividend yield of 2.52%.
Let's look at Cochin Minerals & Rutile Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Cochin Minerals & Rutile Ltd’s revenue were ₹88.95Cr in the quarter ending June 2024. The revenue grew by 31.7% year on year basis since last quarter.
Cochin Minerals & Rutile Ltd’s profits were ₹5.95Cr in the quarter ending June 2024. The profits grew by 162.11% year on year basis since last quarter.
Cochin Minerals & Rutile Ltd’s dividend was ₹8 in the quarter ending March 2024.
Cochin Minerals & Rutile Ltd Dividend related ratios:
Last dividend date: 29/05/2024
Current Dividend Yield: 2.52%
Annual dividend payment: ₹8
History of Cochin Minerals & Rutile Ltd's Dividend payments