Prevest Denpro Ltd Dividend 2024 : Should Prevest Denpro Ltd be a part of your dividend portfolio?
Prevest Denpro Ltd is one of the most popular Healthcare company in the world with a market capitalisation of ₹653.80Cr. Its share price is ₹540 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Prevest Denpro Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Healthcare stocks do not always pay a dividend but as Prevest Denpro Ltd pays dividends to reward its shareholders.
In the quarter ending June 2024, Prevest Denpro Ltd has declared dividend of ₹1 - translating a dividend yield of 0.19%.
Let's look at Prevest Denpro Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Prevest Denpro Ltd’s revenue were ₹17.31Cr in the quarter ending September 2024. The revenue grew by 24.44% year on year basis since last quarter.
Prevest Denpro Ltd’s profits were ₹4.82Cr in the quarter ending September 2024. The profits grew by 32.42% year on year basis since last quarter.
Prevest Denpro Ltd’s dividend was ₹1 in the quarter ending June 2024.