Padam Cotton Yarns Ltd

₹329.10

Padam Cotton Yarns Ltd Dividend 2024 : Should Padam Cotton Yarns Ltd be a part of your dividend portfolio?

Padam Cotton Yarns Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹127.46Cr. Its share price is ₹329.10 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Padam Cotton Yarns Ltd gave ₹1 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 Padam Cotton Yarns Ltd pays dividends to reward its shareholders.
In the quarter ending September 2024, Padam Cotton Yarns Ltd has declared dividend of ₹1 - translating a dividend yield of 0.30%.

Let's look at Padam Cotton Yarns Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

Padam Cotton Yarns Ltd’s revenue were ₹4.34Cr in the quarter ending September 2024. The revenue grew by 6100% year on year basis since last quarter.
Padam Cotton Yarns Ltd’s profits were ₹3.24Cr in the quarter ending September 2024. The profits grew by 32300% year on year basis since last quarter.
Padam Cotton Yarns Ltd’s dividend was ₹1 in the quarter ending September 2024.

Padam Cotton Yarns Ltd Dividend related ratios: