Gopal Snacks Ltd Dividend 2024 : Should Gopal Snacks Ltd be a part of your dividend portfolio?
Gopal Snacks Ltd is one of the most popular FMCG company in the world with a market capitalisation of ₹5,407.83Cr. Its share price is ₹434.90 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Gopal Snacks Ltd gave ₹1.25 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
FMCG stocks do not always pay a dividend but as Gopal Snacks Ltd pays dividends to reward its shareholders.
In the quarter ending September 2024, Gopal Snacks Ltd has declared dividend of ₹1 - translating a dividend yield of 0.29%.
Let's look at Gopal Snacks Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Gopal Snacks Ltd’s revenue were ₹403.83Cr in the quarter ending September 2024. The revenue grew by 12.48% year on year basis since last quarter.
Gopal Snacks Ltd’s profits were ₹28.89Cr in the quarter ending September 2024. The profits grew by 6.17% year on year basis since last quarter.
Gopal Snacks Ltd’s dividend was ₹1 in the quarter ending September 2024.