Fidel Softech Ltd Dividend 2024 : Should Fidel Softech Ltd be a part of your dividend portfolio?
Fidel Softech Ltd is one of the most popular IT - Software company in the world with a market capitalisation of ₹173.26Cr. Its share price is ₹126 as on 7 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Fidel Softech Ltd gave ₹1.10 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
IT - Software stocks do not always pay a dividend but as Fidel Softech Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Fidel Softech Ltd has declared dividend of ₹1.10 - translating a dividend yield of 0.87%.
Let's look at Fidel Softech Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Fidel Softech Ltd’s revenue were ₹12.67Cr in the quarter ending June 2024. The revenue grew by 35.22% year on year basis since last quarter.
Fidel Softech Ltd’s profits were ₹2.11Cr in the quarter ending June 2024. The profits grew by 35.26% year on year basis since last quarter.
Fidel Softech Ltd’s dividend was ₹1.10 in the quarter ending March 2024.