Sundaram Brake Linings Ltd Dividend 2024 : Should Sundaram Brake Linings Ltd be a part of your dividend portfolio?
Sundaram Brake Linings Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹296.05Cr. Its share price is ₹788.70 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Sundaram Brake Linings 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 Sundaram Brake Linings Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Sundaram Brake Linings Ltd has declared dividend of ₹2 - translating a dividend yield of 0.25%.
Let's look at Sundaram Brake Linings Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Sundaram Brake Linings Ltd’s revenue were ₹83.74Cr in the quarter ending September 2024. The revenuefell by -2.88% year on year basis since last quarter.
Sundaram Brake Linings Ltd’s profits were ₹1.47Cr in the quarter ending September 2024. The profits fell by -48.6% year on year basis since last quarter.
Sundaram Brake Linings Ltd’s dividend was ₹2 in the quarter ending March 2024.
Sundaram Brake Linings Ltd Dividend related ratios:
Last dividend date: 28/05/2024
Current Dividend Yield: 0.25%
Annual dividend payment: ₹2
History of Sundaram Brake Linings Ltd's Dividend payments