IB Infotech Enterprises Ltd Dividend 2024 : Should IB Infotech Enterprises Ltd be a part of your dividend portfolio?
IB Infotech Enterprises Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹23.82Cr. Its share price is ₹185.95 as on 23 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, IB Infotech Enterprises Ltd gave ₹1.50 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 IB Infotech Enterprises Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, IB Infotech Enterprises Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.81%.
Let's look at IB Infotech Enterprises Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
IB Infotech Enterprises Ltd’s revenue were ₹2.18Cr in the quarter ending September 2024. The revenue grew by 115.84% year on year basis since last quarter.
IB Infotech Enterprises Ltd’s profits were ₹0.16Cr in the quarter ending September 2024. The profits grew by 45.45% year on year basis since last quarter.
IB Infotech Enterprises Ltd’s dividend was ₹0.50 in the quarter ending March 2024.
IB Infotech Enterprises Ltd Dividend related ratios:
Last dividend date: 13/05/2024
Current Dividend Yield: 0.81%
Annual dividend payment: ₹1.50
History of IB Infotech Enterprises Ltd's Dividend payments