Metro Brands Ltd Dividend 2024 : Should Metro Brands Ltd be a part of your dividend portfolio?
Metro Brands Ltd is one of the most popular Leather company in the world with a market capitalisation of ₹32,605.38Cr. Its share price is ₹1,206.55 as on 20 January,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Metro Brands Ltd gave ₹6.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights- Leather stocks do not always pay a dividend but as Metro Brands Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Metro Brands Ltd has declared dividend of ₹2.25 - translating a dividend yield of 0.54%.
Let's look at Metro Brands Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:- Metro Brands Ltd’s revenue were ₹726.29Cr in the quarter ending December 2024. The revenue grew by 11.49% year on year basis since last quarter.
- Metro Brands Ltd’s profits were ₹94.58Cr in the quarter ending December 2024. The profits fell by -3.3% year on year basis since last quarter.
- Metro Brands Ltd’s dividend was ₹2.25 in the quarter ending March 2024.
Metro Brands Ltd Dividend related ratios:- Last dividend date: 22/05/2024
- Current Dividend Yield: 0.54%
- Annual dividend payment: ₹6.50