Shri Venkatesh Refineries Ltd Dividend 2024 : Should Shri Venkatesh Refineries Ltd be a part of your dividend portfolio?
Shri Venkatesh Refineries Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹360.77Cr. Its share price is ₹163.50 as on 23 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Shri Venkatesh Refineries Ltd gave ₹2 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Defensive stocks do not always pay a dividend but as Shri Venkatesh Refineries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Shri Venkatesh Refineries Ltd has declared dividend of ₹1 - translating a dividend yield of 1.22%.
Let's look at Shri Venkatesh Refineries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Shri Venkatesh Refineries Ltd’s revenue were ₹143.68Cr in the quarter ending September 2024. The revenue grew by 6.82% year on year basis since last quarter.
Shri Venkatesh Refineries Ltd’s profits were ₹3.61Cr in the quarter ending September 2024. The profits fell by -8.38% year on year basis since last quarter.
Shri Venkatesh Refineries Ltd’s dividend was ₹1 in the quarter ending March 2024.
Shri Venkatesh Refineries Ltd Dividend related ratios:
Last dividend date: 29/05/2024
Current Dividend Yield: 1.22%
Annual dividend payment: ₹2
History of Shri Venkatesh Refineries Ltd's Dividend payments