D.P. Abhushan Ltd Dividend 2024 : Should D.P. Abhushan Ltd be a part of your dividend portfolio?
D.P. Abhushan Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹3,536.12Cr. Its share price is ₹1,549.30 as on 22 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, D.P. Abhushan Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Cyclical stocks do not always pay a dividend but as D.P. Abhushan Ltd pays dividends to reward its shareholders.
In the quarter ending June 2023, D.P. Abhushan Ltd has declared dividend of ₹1 - translating a dividend yield of 0.06%.
Let's look at D.P. Abhushan Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
D.P. Abhushan Ltd’s revenue were ₹439.93Cr in the quarter ending March 2022. The revenuefell by -25.47% year on year basis since last quarter.
D.P. Abhushan Ltd’s profits were ₹9.65Cr in the quarter ending March 2022. The profits grew by 16.55% year on year basis since last quarter.
D.P. Abhushan Ltd’s dividend was ₹1 in the quarter ending June 2023.