Sundaram Clayton Ltd Dividend 2024 : Should Sundaram Clayton Ltd be a part of your dividend portfolio?
Sundaram Clayton Ltd is one of the most popular Castings, Forgings & Fastners company in the world with a market capitalisation of ₹4,788.21Cr. Its share price is ₹2,169.45 as on 23 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Sundaram Clayton Ltd gave ₹5.15 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Castings, Forgings & Fastners stocks do not always pay a dividend but as Sundaram Clayton Ltd pays dividends to reward its shareholders.
In the quarter ending December 2023, Sundaram Clayton Ltd has declared dividend of ₹5.15 - translating a dividend yield of 0.24%.
Let's look at Sundaram Clayton Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Sundaram Clayton Ltd’s revenue were ₹565.75Cr in the quarter ending September 2024. The revenue grew by 88.8% year on year basis since last quarter.
Sundaram Clayton Ltd’s profits were ₹-54.20Cr in the quarter ending September 2024. The profits fell by -448.58% year on year basis since last quarter.
Sundaram Clayton Ltd’s dividend was ₹5.15 in the quarter ending December 2023.
Sundaram Clayton Ltd Dividend related ratios:
Last dividend date: 26/03/2024
Current Dividend Yield: 0.24%
Annual dividend payment: ₹5.15
History of Sundaram Clayton Ltd's Dividend payments