Permanent Magnets Ltd Dividend 2024 : Should Permanent Magnets Ltd be a part of your dividend portfolio?
Permanent Magnets Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹829.99Cr. Its share price is ₹969.90 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Permanent Magnets Ltd gave ₹3.30 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 Permanent Magnets Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Permanent Magnets Ltd has declared dividend of ₹1.80 - translating a dividend yield of 0.34%.
Let's look at Permanent Magnets Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Permanent Magnets Ltd’s revenue were ₹57.39Cr in the quarter ending September 2024. The revenue grew by 5.63% year on year basis since last quarter.
Permanent Magnets Ltd’s profits were ₹7.10Cr in the quarter ending September 2024. The profits grew by 0.28% year on year basis since last quarter.
Permanent Magnets Ltd’s dividend was ₹1.80 in the quarter ending March 2024.
Permanent Magnets Ltd Dividend related ratios:
Last dividend date: 16/05/2024
Current Dividend Yield: 0.34%
Annual dividend payment: ₹3.30
History of Permanent Magnets Ltd's Dividend payments