DCW Ltd Dividend 2024 : Should DCW Ltd be a part of your dividend portfolio?
DCW Ltd is one of the most popular Energy company in the world with a market capitalisation of ₹2,863Cr. Its share price is ₹97.18 as on 23 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, DCW Ltd gave ₹0.90 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Energy stocks do not always pay a dividend but as DCW Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, DCW Ltd has declared dividend of ₹0.30 - translating a dividend yield of 0.93%.
Let's look at DCW Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
DCW Ltd’s revenue were ₹494.75Cr in the quarter ending September 2024. The revenue grew by 18.23% year on year basis since last quarter.
DCW Ltd’s profits were ₹-1.25Cr in the quarter ending September 2024. The profits fell by -146.99% year on year basis since last quarter.
DCW Ltd’s dividend was ₹0.30 in the quarter ending March 2023.