Sambandam Spinning Mills Ltd

₹163.40

Sambandam Spinning Mills Ltd Dividend 2024 : Should Sambandam Spinning Mills Ltd be a part of your dividend portfolio?

Sambandam Spinning Mills Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹68.88Cr. Its share price is ₹163.40 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Sambandam Spinning Mills Ltd gave ₹9 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 Sambandam Spinning Mills Ltd pays dividends to reward its shareholders.
In the quarter ending March 2022, Sambandam Spinning Mills Ltd has declared dividend of ₹5 - translating a dividend yield of 5.51%.

Let's look at Sambandam Spinning Mills Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

Sambandam Spinning Mills Ltd’s revenue were ₹73.82Cr in the quarter ending September 2024. The revenue grew by 45.03% year on year basis since last quarter.
Sambandam Spinning Mills Ltd’s profits were ₹-2.33Cr in the quarter ending September 2024. The profits fell by -806.06% year on year basis since last quarter.
Sambandam Spinning Mills Ltd’s dividend was ₹5 in the quarter ending March 2022.

Sambandam Spinning Mills Ltd Dividend related ratios:

Last dividend date: 29/05/2022
Current Dividend Yield: 5.51%
Annual dividend payment: ₹9

History of Sambandam Spinning Mills Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
15/09/2022	CASH	₹5	29/05/2022	18/09/2022
16/09/2021	CASH	₹4	26/06/2021	19/09/2021
01/08/2019	CASH	₹2	26/05/2019	05/08/2019
02/08/2018	CASH	₹2	29/05/2018	05/08/2018
03/08/2017	CASH	₹4	08/05/2017	06/08/2017