Hindustan Adhesives Ltd Dividend 2024 : Should Hindustan Adhesives Ltd be a part of your dividend portfolio?
Hindustan Adhesives Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹220.67Cr. Its share price is ₹420.75 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Hindustan Adhesives 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 Hindustan Adhesives Ltd pays dividends to reward its shareholders.
In the quarter ending September 2016, Hindustan Adhesives Ltd has declared dividend of ₹1 - translating a dividend yield of 0.24%.
Let's look at Hindustan Adhesives Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Hindustan Adhesives Ltd’s revenue were ₹85.31Cr in the quarter ending September 2024. The revenue grew by 4.13% year on year basis since last quarter.
Hindustan Adhesives Ltd’s profits were ₹5.37Cr in the quarter ending September 2024. The profits grew by 38.76% year on year basis since last quarter.
Hindustan Adhesives Ltd’s dividend was ₹1 in the quarter ending September 2016.
Hindustan Adhesives Ltd Dividend related ratios:
Last dividend date: 12/11/2016
Current Dividend Yield: 0.24%
Annual dividend payment: ₹1
History of Hindustan Adhesives Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
21/11/2016
CASH
₹1
12/11/2016
22/11/2016
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