CreditAccess Grameen Ltd Dividend 2024 : Should CreditAccess Grameen Ltd be a part of your dividend portfolio?
CreditAccess Grameen Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹19,278.67Cr. Its share price is ₹1,208.85 as on 8 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, CreditAccess Grameen Ltd gave ₹10 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Financial Services stocks do not always pay a dividend but as CreditAccess Grameen Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, CreditAccess Grameen Ltd has declared dividend of ₹10 - translating a dividend yield of 0.83%.
Let's look at CreditAccess Grameen Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
CreditAccess Grameen Ltd’s revenue were ₹1,512.58Cr in the quarter ending June 2024. The revenue grew by 29.2% year on year basis since last quarter.
CreditAccess Grameen Ltd’s profits were ₹397.66Cr in the quarter ending June 2024. The profits grew by 14.12% year on year basis since last quarter.
CreditAccess Grameen Ltd’s dividend was ₹10 in the quarter ending March 2024.
CreditAccess Grameen Ltd Dividend related ratios:
Last dividend date: 07/05/2024
Current Dividend Yield: 0.83%
Annual dividend payment: ₹10
History of CreditAccess Grameen Ltd's Dividend payments