Refex Industries Ltd Dividend 2024 : Should Refex Industries Ltd be a part of your dividend portfolio?
Refex Industries Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹5,692.72Cr. Its share price is ₹470.40 as on 23 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Refex Industries Ltd gave ₹2.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Basic Materials stocks do not always pay a dividend but as Refex Industries Ltd pays dividends to reward its shareholders.
In the quarter ending December 2023, Refex Industries Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.53%.
Let's look at Refex Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Refex Industries Ltd’s revenue were ₹535Cr in the quarter ending September 2024. The revenue grew by 49.66% year on year basis since last quarter.
Refex Industries Ltd’s profits were ₹31.06Cr in the quarter ending September 2024. The profits grew by 44.87% year on year basis since last quarter.
Refex Industries Ltd’s dividend was ₹0.50 in the quarter ending December 2023.
Refex Industries Ltd Dividend related ratios:
Last dividend date: 08/02/2024
Current Dividend Yield: 0.53%
Annual dividend payment: ₹2.50
History of Refex Industries Ltd's Dividend payments