Shree Ajit Pulp and Paper Ltd

₹200

Shree Ajit Pulp and Paper Ltd Dividend 2024 : Should Shree Ajit Pulp and Paper Ltd be a part of your dividend portfolio?

Shree Ajit Pulp and Paper Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹177.90Cr. Its share price is ₹200 as on 23 February,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Shree Ajit Pulp and Paper Ltd gave ₹1 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 Shree Ajit Pulp and Paper Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Shree Ajit Pulp and Paper Ltd has declared dividend of ₹1 - translating a dividend yield of 0.50%.

Let's look at Shree Ajit Pulp and Paper Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

Shree Ajit Pulp and Paper Ltd’s revenue were ₹120.79Cr in the quarter ending December 2024. The revenue grew by 179.93% year on year basis since last quarter.
Shree Ajit Pulp and Paper Ltd’s profits were ₹1.86Cr in the quarter ending December 2024. The profits grew by 16.98% year on year basis since last quarter.
Shree Ajit Pulp and Paper Ltd’s dividend was ₹1 in the quarter ending March 2023.

Shree Ajit Pulp and Paper Ltd Dividend related ratios:

Last dividend date: 30/05/2023
Current Dividend Yield: 0.50%
Annual dividend payment: ₹1

History of Shree Ajit Pulp and Paper Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
27/07/2023	CASH	₹1	30/05/2023	27/07/2023
09/09/2022	CASH	₹1	28/05/2022	12/09/2022
16/09/2021	CASH	₹1	29/06/2021	18/09/2021
16/09/2020	CASH	₹0.75	26/06/2020	18/09/2020
28/08/2019	CASH	₹0.75	28/05/2019	30/08/2019