Shradha Infraprojects Ltd Dividend 2024 : Should Shradha Infraprojects Ltd be a part of your dividend portfolio?
Shradha Infraprojects Ltd is one of the most popular Real Estate company in the world with a market capitalisation of ₹409.49Cr. Its share price is ₹80.89 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Shradha Infraprojects Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Real Estate stocks do not always pay a dividend but as Shradha Infraprojects Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Shradha Infraprojects Ltd has declared dividend of ₹1 - translating a dividend yield of 1.24%.
Let's look at Shradha Infraprojects Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Shradha Infraprojects Ltd’s revenue were ₹18.03Cr in the quarter ending September 2024. The revenuefell by -42.49% year on year basis since last quarter.
Shradha Infraprojects Ltd’s profits were ₹3.85Cr in the quarter ending September 2024. The profits grew by 13.57% year on year basis since last quarter.
Shradha Infraprojects Ltd’s dividend was ₹1 in the quarter ending March 2024.
Shradha Infraprojects Ltd Dividend related ratios:
Last dividend date: 30/05/2024
Current Dividend Yield: 1.24%
Annual dividend payment: ₹1
History of Shradha Infraprojects Ltd's Dividend payments