Sky Gold Ltd Dividend 2024 : Should Sky Gold Ltd be a part of your dividend portfolio?
Sky Gold Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹5,803.57Cr. Its share price is ₹3,958.60 as on 23 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Sky Gold Ltd gave ₹2 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Cyclical stocks do not always pay a dividend but as Sky Gold Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Sky Gold Ltd has declared dividend of ₹1 - translating a dividend yield of 0.05%.
Let's look at Sky Gold Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Sky Gold Ltd’s revenue were ₹788.60Cr in the quarter ending September 2024. The revenue grew by 98.71% year on year basis since last quarter.
Sky Gold Ltd’s profits were ₹36.71Cr in the quarter ending September 2024. The profits grew by 404.95% year on year basis since last quarter.
Sky Gold Ltd’s dividend was ₹1 in the quarter ending March 2023.