GPT Healthcare Ltd Dividend 2024 : Should GPT Healthcare Ltd be a part of your dividend portfolio?
GPT Healthcare Ltd is one of the most popular Healthcare company in the world with a market capitalisation of ₹1,483.96Cr. Its share price is ₹180.59 as on 8 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, GPT Healthcare Ltd gave ₹2.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Healthcare stocks do not always pay a dividend but as GPT Healthcare Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, GPT Healthcare Ltd has declared dividend of ₹1.50 - translating a dividend yield of 1.38%.
Let's look at GPT Healthcare Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
GPT Healthcare Ltd’s revenue were ₹100.06Cr in the quarter ending June 2024. The revenue grew by 2.49% year on year basis since last quarter.
GPT Healthcare Ltd’s profits were ₹9.96Cr in the quarter ending June 2024. The profits fell by -0.2% year on year basis since last quarter.
GPT Healthcare Ltd’s dividend was ₹1.50 in the quarter ending March 2024.