H P Cotton Textile Mills Ltd Dividend 2024 : Should H P Cotton Textile Mills Ltd be a part of your dividend portfolio?
H P Cotton Textile Mills Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹50.32Cr. Its share price is ₹128.30 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, H P Cotton Textile Mills Ltd gave ₹1 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 H P Cotton Textile Mills Ltd pays dividends to reward its shareholders.
In the quarter ending March 2022, H P Cotton Textile Mills Ltd has declared dividend of ₹1 - translating a dividend yield of 0.78%.
Let's look at H P Cotton Textile Mills Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
H P Cotton Textile Mills Ltd’s revenue were ₹34Cr in the quarter ending September 2024. The revenue grew by 47.38% year on year basis since last quarter.
H P Cotton Textile Mills Ltd’s profits were ₹0.83Cr in the quarter ending September 2024. The profits fell by -84.46% year on year basis since last quarter.
H P Cotton Textile Mills Ltd’s dividend was ₹1 in the quarter ending March 2022.
H P Cotton Textile Mills Ltd Dividend related ratios:
Last dividend date: 09/05/2022
Current Dividend Yield: 0.78%
Annual dividend payment: ₹1
History of H P Cotton Textile Mills Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
20/09/2022
CASH
₹1
09/05/2022
20/09/2022
11/09/2018
CASH
₹1
30/05/2018
14/09/2018
12/09/2016
CASH
₹1
28/05/2016
15/09/2016
H P Cotton Textile Mills Ltd Dividend v/s H P Cotton Textile Mills Ltd Share price
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