Shradha AI Technologies Ltd Dividend 2024 : Should Shradha AI Technologies Ltd be a part of your dividend portfolio?
Shradha AI Technologies Ltd is one of the most popular IT - Software company in the world with a market capitalisation of ₹173.03Cr. Its share price is ₹70.99 as on 8 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Shradha AI Technologies Ltd gave ₹1.25 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
IT - Software stocks do not always pay a dividend but as Shradha AI Technologies Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Shradha AI Technologies Ltd has declared dividend of ₹0.75 - translating a dividend yield of 1.76%.
Let's look at Shradha AI Technologies Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Shradha AI Technologies Ltd’s revenue were ₹3.46Cr in the quarter ending June 2024. The revenue grew by 4.53% year on year basis since last quarter.
Shradha AI Technologies Ltd’s profits were ₹1.68Cr in the quarter ending June 2024. The profits grew by 281.82% year on year basis since last quarter.
Shradha AI Technologies Ltd’s dividend was ₹0.75 in the quarter ending March 2024.
Shradha AI Technologies Ltd Dividend related ratios:
Last dividend date: 30/05/2024
Current Dividend Yield: 1.76%
Annual dividend payment: ₹1.25
History of Shradha AI Technologies Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
05/07/2024
CASH
₹0.75
30/05/2024
05/07/2024
17/11/2023
CASH
₹0.50
02/11/2023
17/11/2023
Shradha AI Technologies Ltd Dividend v/s Shradha AI Technologies Ltd Share price
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