Jagan Lamps Ltd Dividend 2024 : Should Jagan Lamps Ltd be a part of your dividend portfolio?
Jagan Lamps Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹63.27Cr. Its share price is ₹86.10 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Jagan Lamps Ltd gave ₹2 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 Jagan Lamps Ltd pays dividends to reward its shareholders.
In the quarter ending March 2022, Jagan Lamps Ltd has declared dividend of ₹1 - translating a dividend yield of 2.32%.
Let's look at Jagan Lamps Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Jagan Lamps Ltd’s revenue were ₹15.16Cr in the quarter ending September 2024. The revenue grew by 3.98% year on year basis since last quarter.
Jagan Lamps Ltd’s profits were ₹0.70Cr in the quarter ending September 2024. The profits grew by 2.94% year on year basis since last quarter.
Jagan Lamps Ltd’s dividend was ₹1 in the quarter ending March 2022.