Crestchem Ltd Dividend 2024 : Should Crestchem Ltd be a part of your dividend portfolio?
Crestchem Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹48.47Cr. Its share price is ₹163.50 as on 7 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Crestchem Ltd gave ₹0.50 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 Crestchem Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Crestchem Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.31%.
Let's look at Crestchem Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Crestchem Ltd’s revenue were ₹5.33Cr in the quarter ending June 2024. The revenue grew by 39.53% year on year basis since last quarter.
Crestchem Ltd’s profits were ₹0.60Cr in the quarter ending June 2024. The profits grew by 150% year on year basis since last quarter.
Crestchem Ltd’s dividend was ₹0.50 in the quarter ending March 2024.