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 ₹3,345.08Cr. Its share price is ₹396.65 as on 23 November,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 2.14%.
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 ₹133.12Cr in the quarter ending September 2024. The revenuefell by -1.08% year on year basis since last quarter.
- Sula Vineyards Ltd’s profits were ₹14.48Cr in the quarter ending September 2024. The profits fell by -37.29% 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: 2.14%
- Annual dividend payment: ₹8.50