Stove Kraft Ltd Dividend 2024 : Should Stove Kraft Ltd be a part of your dividend portfolio?
Stove Kraft Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹2,573.41Cr. Its share price is ₹780.90 as on 24 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Stove Kraft Ltd gave ₹2.50 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 Stove Kraft Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Stove Kraft Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.32%.
Let's look at Stove Kraft Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Stove Kraft Ltd’s revenue were ₹236.24Cr in the quarter ending March 2021. The revenue grew by 53.23% year on year basis since last quarter.
Stove Kraft Ltd’s profits were ₹19.21Cr in the quarter ending March 2021. The profits grew by 287.41% year on year basis since last quarter.
Stove Kraft Ltd’s dividend was ₹2.50 in the quarter ending March 2024.