Hindustan Adhesives Ltd

₹423.20

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 ₹215.65Cr. Its share price is ₹423.20 as on 22 December,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: