Sula Vineyards Ltd Dividend 2024 : Should Sula Vineyards Ltd be a part of your dividend portfolio?
Sula Vineyards Ltd is one of the most popular Alcoholic Beverages company in the world with a market capitalisation of ₹4,088.10Cr. Its share price is ₹484.45 as on 8 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Sula Vineyards Ltd gave ₹8.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Alcoholic Beverages stocks do not always pay a dividend but as Sula Vineyards Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Sula Vineyards Ltd has declared dividend of ₹4.50 - translating a dividend yield of 1.75%.
Let's look at Sula Vineyards Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Sula Vineyards Ltd’s revenue were ₹122.19Cr in the quarter ending June 2024. The revenue grew by 11.02% year on year basis since last quarter.
- Sula Vineyards Ltd’s profits were ₹14.63Cr in the quarter ending June 2024. The profits grew by 6.94% year on year basis since last quarter.
- Sula Vineyards Ltd’s dividend was ₹4.50 in the quarter ending March 2024.
Sula Vineyards Ltd Dividend related ratios:
- Last dividend date: 08/05/2024
- Current Dividend Yield: 1.75%
- Annual dividend payment: ₹8.50