Shrenik Ltd Dividend 2024 : Should Shrenik Ltd be a part of your dividend portfolio?
Shrenik Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹42.23Cr. Its share price is ₹0.69 as on 23 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Shrenik Ltd gave ₹0.20 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Financial Services stocks do not always pay a dividend but as Shrenik Ltd pays dividends to reward its shareholders.
In the quarter ending March 2020, Shrenik Ltd has declared dividend of ₹0.20 - translating a dividend yield of 28.99%.
Let's look at Shrenik Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Shrenik Ltd’s revenue were ₹5.05Cr in the quarter ending September 2024. The revenue grew by 110.87% year on year basis since last quarter.
Shrenik Ltd’s profits were ₹0.05Cr in the quarter ending September 2024. The profits fell by -99.89% year on year basis since last quarter.
Shrenik Ltd’s dividend was ₹0.20 in the quarter ending March 2020.
Shrenik Ltd Dividend related ratios:
Last dividend date: 30/06/2020
Current Dividend Yield: 28.99%
Annual dividend payment: ₹0.20
History of Shrenik Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
08/09/2020
CASH
₹0.20
30/06/2020
09/09/2020
08/08/2019
CASH
₹0.20
30/05/2019
12/08/2019
30/05/2018
CASH
₹1
24/04/2018
31/05/2018
Shrenik Ltd Dividend v/s Shrenik Ltd Share price
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