Sanrhea Technical Textile Ltd Dividend 2024 : Should Sanrhea Technical Textile Ltd be a part of your dividend portfolio?
Sanrhea Technical Textile Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹80.25Cr. Its share price is ₹157.35 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Sanrhea Technical Textile Ltd gave ₹1.50 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 Sanrhea Technical Textile Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Sanrhea Technical Textile Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.95%.
Let's look at Sanrhea Technical Textile Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Sanrhea Technical Textile Ltd’s revenue were ₹19.82Cr in the quarter ending September 2024. The revenue grew by 15.97% year on year basis since last quarter.
Sanrhea Technical Textile Ltd’s profits were ₹1.20Cr in the quarter ending September 2024. The profits grew by 16.5% year on year basis since last quarter.
Sanrhea Technical Textile Ltd’s dividend was ₹1.50 in the quarter ending March 2024.
Sanrhea Technical Textile Ltd Dividend related ratios:
Last dividend date: 30/05/2024
Current Dividend Yield: 0.95%
Annual dividend payment: ₹1.50
History of Sanrhea Technical Textile Ltd's Dividend payments