Paradeep Phosphates Ltd Dividend 2024 : Should Paradeep Phosphates Ltd be a part of your dividend portfolio?
Paradeep Phosphates Ltd is one of the most popular Fertilizers company in the world with a market capitalisation of ₹8,576.01Cr. Its share price is ₹107.02 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Paradeep Phosphates Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Fertilizers stocks do not always pay a dividend but as Paradeep Phosphates Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Paradeep Phosphates Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.93%.
Let's look at Paradeep Phosphates Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Paradeep Phosphates Ltd’s revenue were ₹3,858.75Cr in the quarter ending September 2024. The revenue grew by 4.46% year on year basis since last quarter.
- Paradeep Phosphates Ltd’s profits were ₹227.46Cr in the quarter ending September 2024. The profits grew by 154.34% year on year basis since last quarter.
- Paradeep Phosphates Ltd’s dividend was ₹0.50 in the quarter ending March 2024.
Paradeep Phosphates Ltd Dividend related ratios:
- Last dividend date: 15/05/2024
- Current Dividend Yield: 0.93%
- Annual dividend payment: ₹1