Olectra Greentech Ltd Dividend 2024 : Should Olectra Greentech Ltd be a part of your dividend portfolio?
Olectra Greentech Ltd is one of the most popular Communication Services company in the world with a market capitalisation of ₹11,648.08Cr. Its share price is ₹1,426.25 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Olectra Greentech Ltd gave ₹0.80 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Communication Services stocks do not always pay a dividend but as Olectra Greentech Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Olectra Greentech Ltd has declared dividend of ₹0.40 - translating a dividend yield of 0.06%.
Let's look at Olectra Greentech Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Olectra Greentech Ltd’s revenue were ₹528.12Cr in the quarter ending September 2024. The revenue grew by 69.44% year on year basis since last quarter.
Olectra Greentech Ltd’s profits were ₹47.56Cr in the quarter ending September 2024. The profits grew by 163.34% year on year basis since last quarter.
Olectra Greentech Ltd’s dividend was ₹0.40 in the quarter ending March 2024.
Olectra Greentech Ltd Dividend related ratios:
Last dividend date: 25/04/2024
Current Dividend Yield: 0.06%
Annual dividend payment: ₹0.80
History of Olectra Greentech Ltd's Dividend payments