Credo Brands Marketing Ltd Dividend 2024 : Should Credo Brands Marketing Ltd be a part of your dividend portfolio?
Credo Brands Marketing Ltd is one of the most popular Retail company in the world with a market capitalisation of ₹1,163Cr. Its share price is ₹177.86 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Credo Brands Marketing Ltd gave ₹0.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Retail stocks do not always pay a dividend but as Credo Brands Marketing Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Credo Brands Marketing Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.28%.
Let's look at Credo Brands Marketing Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Credo Brands Marketing Ltd’s revenue were ₹186.09Cr in the quarter ending September 2024. The revenue grew by 11.58% year on year basis since last quarter.
Credo Brands Marketing Ltd’s profits were ₹26.46Cr in the quarter ending September 2024. The profits fell by -5.4% year on year basis since last quarter.
Credo Brands Marketing Ltd’s dividend was ₹0.50 in the quarter ending March 2024.
Credo Brands Marketing Ltd Dividend related ratios:
Last dividend date: 30/05/2024
Current Dividend Yield: 0.28%
Annual dividend payment: ₹0.50
History of Credo Brands Marketing Ltd's Dividend payments