Prakash Industries Ltd Dividend 2024 : Should Prakash Industries Ltd be a part of your dividend portfolio?
Prakash Industries Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹2,991.56Cr. Its share price is ₹160.94 as on 22 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Prakash Industries Ltd gave ₹1.20 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Industrials stocks do not always pay a dividend but as Prakash Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Prakash Industries Ltd has declared dividend of ₹1.20 - translating a dividend yield of 0.75%.
Let's look at Prakash Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Prakash Industries Ltd’s revenue were ₹1,082.77Cr in the quarter ending September 2024. The revenue grew by 19.62% year on year basis since last quarter.
Prakash Industries Ltd’s profits were ₹90.39Cr in the quarter ending September 2024. The profits grew by 1.07% year on year basis since last quarter.
Prakash Industries Ltd’s dividend was ₹1.20 in the quarter ending March 2024.
Prakash Industries Ltd Dividend related ratios:
Last dividend date: 17/05/2024
Current Dividend Yield: 0.75%
Annual dividend payment: ₹1.20
History of Prakash Industries Ltd's Dividend payments