Cords Cable Industries Ltd Dividend 2024 : Should Cords Cable Industries Ltd be a part of your dividend portfolio?
Cords Cable Industries Ltd is one of the most popular Technology company in the world with a market capitalisation of ₹252.54Cr. Its share price is ₹188.89 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Cords Cable Industries Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Technology stocks do not always pay a dividend but as Cords Cable Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Cords Cable Industries Ltd has declared dividend of ₹1 - translating a dividend yield of 0.53%.
Let's look at Cords Cable Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Cords Cable Industries Ltd’s revenue were ₹183.57Cr in the quarter ending September 2024. The revenue grew by 24.08% year on year basis since last quarter.
Cords Cable Industries Ltd’s profits were ₹2.63Cr in the quarter ending September 2024. The profits grew by 28.92% year on year basis since last quarter.
Cords Cable Industries Ltd’s dividend was ₹1 in the quarter ending March 2024.
Cords Cable Industries Ltd Dividend related ratios:
Last dividend date: 24/05/2024
Current Dividend Yield: 0.53%
Annual dividend payment: ₹1
History of Cords Cable Industries Ltd's Dividend payments