GTN Textiles Ltd Dividend 2024 : Should GTN Textiles Ltd be a part of your dividend portfolio?
GTN Textiles Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹15.47Cr. Its share price is ₹13.27 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, GTN Textiles Ltd gave ₹0.60 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 GTN Textiles Ltd pays dividends to reward its shareholders.
In the quarter ending March 2008, GTN Textiles Ltd has declared dividend of ₹0.60 - translating a dividend yield of 4.52%.
Let's look at GTN Textiles Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
GTN Textiles Ltd’s profits were ₹-3.50Cr in the quarter ending June 2024. The profits fell by -6.38% year on year basis since last quarter.
GTN Textiles Ltd’s dividend was ₹0.60 in the quarter ending March 2008.
GTN Textiles Ltd Dividend related ratios:
Last dividend date: 29/05/2008
Current Dividend Yield: 4.52%
Annual dividend payment: ₹0.60
History of GTN Textiles Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
17/07/2008
CASH
₹0.60
29/05/2008
19/07/2008
12/07/2007
CASH
₹0.90
08/05/2007
14/07/2007
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