JTL Industries Ltd Dividend 2024 : Should JTL Industries Ltd be a part of your dividend portfolio?
JTL Industries Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹3,598.83Cr. Its share price is ₹94.35 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, JTL Industries Ltd gave ₹0.25 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Industrials stocks do not always pay a dividend but as JTL Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, JTL Industries Ltd has declared dividend of ₹0.25 - translating a dividend yield of 0.26%.
Let's look at JTL Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
JTL Industries Ltd’s revenue were ₹487.38Cr in the quarter ending September 2024. The revenuefell by -3.51% year on year basis since last quarter.
JTL Industries Ltd’s profits were ₹26.36Cr in the quarter ending September 2024. The profits fell by -5.55% year on year basis since last quarter.
JTL Industries Ltd’s dividend was ₹0.25 in the quarter ending March 2024.