Everest Kanto Cylinder Ltd Dividend 2024 : Should Everest Kanto Cylinder Ltd be a part of your dividend portfolio?
Everest Kanto Cylinder Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹2,270.52Cr. Its share price is ₹202.62 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Everest Kanto Cylinder Ltd gave ₹1.40 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 Everest Kanto Cylinder Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Everest Kanto Cylinder Ltd has declared dividend of ₹0.70 - translating a dividend yield of 0.69%.
Let's look at Everest Kanto Cylinder Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Everest Kanto Cylinder Ltd’s revenue were ₹377.51Cr in the quarter ending September 2024. The revenue grew by 26.09% year on year basis since last quarter.
Everest Kanto Cylinder Ltd’s profits were ₹38.47Cr in the quarter ending September 2024. The profits grew by 46.11% year on year basis since last quarter.
Everest Kanto Cylinder Ltd’s dividend was ₹0.70 in the quarter ending March 2024.
Everest Kanto Cylinder Ltd Dividend related ratios:
Last dividend date: 24/05/2024
Current Dividend Yield: 0.69%
Annual dividend payment: ₹1.40
History of Everest Kanto Cylinder Ltd's Dividend payments