Delton Cables Ltd Dividend 2024 : Should Delton Cables Ltd be a part of your dividend portfolio?
Delton Cables Ltd is one of the most popular Technology company in the world with a market capitalisation of ₹1,086.09Cr. Its share price is ₹1,257.05 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Delton Cables Ltd gave ₹1.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Technology stocks do not always pay a dividend but as Delton Cables Ltd pays dividends to reward its shareholders.
In the quarter ending June 2024, Delton Cables Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.12%.
Let's look at Delton Cables Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Delton Cables Ltd’s revenue were ₹185.58Cr in the quarter ending September 2024. The revenue grew by 105.38% year on year basis since last quarter.
Delton Cables Ltd’s profits were ₹8.49Cr in the quarter ending September 2024. The profits grew by 154.95% year on year basis since last quarter.
Delton Cables Ltd’s dividend was ₹1.50 in the quarter ending June 2024.