Heritage Foods Ltd Dividend 2024 : Should Heritage Foods Ltd be a part of your dividend portfolio?
Heritage Foods Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹4,338.68Cr. Its share price is ₹467.45 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Heritage Foods Ltd gave ₹2.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Consumer Defensive stocks do not always pay a dividend but as Heritage Foods Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Heritage Foods Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.53%.
Let's look at Heritage Foods Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Heritage Foods Ltd’s revenue were ₹1,026.97Cr in the quarter ending September 2024. The revenue grew by 4.76% year on year basis since last quarter.
- Heritage Foods Ltd’s profits were ₹48.63Cr in the quarter ending September 2024. The profits grew by 117% year on year basis since last quarter.
- Heritage Foods Ltd’s dividend was ₹2.50 in the quarter ending March 2024.
Heritage Foods Ltd Dividend related ratios:
- Last dividend date: 29/05/2024
- Current Dividend Yield: 0.53%
- Annual dividend payment: ₹2.50