Jupiter Wagons Ltd Dividend 2024 : Should Jupiter Wagons Ltd be a part of your dividend portfolio?
Jupiter Wagons Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹18,716.12Cr. Its share price is ₹426.80 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Jupiter Wagons Ltd gave ₹1.60 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 Jupiter Wagons Ltd pays dividends to reward its shareholders.
In the quarter ending June 2024, Jupiter Wagons Ltd has declared dividend of ₹1 - translating a dividend yield of 0.37%.
Let's look at Jupiter Wagons Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Jupiter Wagons Ltd’s revenue were ₹1,018.75Cr in the quarter ending September 2024. The revenue grew by 15.03% year on year basis since last quarter.
Jupiter Wagons Ltd’s profits were ₹89.74Cr in the quarter ending September 2024. The profits grew by 9.35% year on year basis since last quarter.
Jupiter Wagons Ltd’s dividend was ₹1 in the quarter ending June 2024.