521216
Dhanalaxmi Roto Spinners Ltd
₹212.65
Dhanalaxmi Roto Spinners Ltd Dividend 2024 : Should Dhanalaxmi Roto Spinners Ltd be a part of your dividend portfolio?
Dhanalaxmi Roto Spinners Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹82.93Cr. Its share price is ₹212.65 as on 26 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Dhanalaxmi Roto Spinners Ltd gave ₹2.75 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 Dhanalaxmi Roto Spinners Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Dhanalaxmi Roto Spinners Ltd has declared dividend of ₹1.50 - translating a dividend yield of 1.29%.
Let's look at Dhanalaxmi Roto Spinners Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Dhanalaxmi Roto Spinners Ltd’s revenue were ₹47.22Cr in the quarter ending September 2024. The revenue grew by 8.43% year on year basis since last quarter.
- Dhanalaxmi Roto Spinners Ltd’s profits were ₹1.32Cr in the quarter ending September 2024. The profits fell by -60.48% year on year basis since last quarter.
- Dhanalaxmi Roto Spinners Ltd’s dividend was ₹1.50 in the quarter ending March 2024.
Dhanalaxmi Roto Spinners Ltd Dividend related ratios:
- Last dividend date: 03/06/2024
- Current Dividend Yield: 1.29%
- Annual dividend payment: ₹2.75
History of Dhanalaxmi Roto Spinners Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
21/06/2024 | CASH | ₹1.50 | 03/06/2024 | 22/06/2024 |
22/09/2023 | CASH | ₹1.25 | 01/09/2023 | 23/09/2023 |
21/09/2022 | CASH | ₹1 | 30/05/2022 | 22/09/2022 |
