SUTLEJTEX
Sutlej Textiles and Industries Ltd
₹57.02
Sutlej Textiles and Industries Ltd Dividend 2024 : Should Sutlej Textiles and Industries Ltd be a part of your dividend portfolio?
Sutlej Textiles and Industries Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹966.59Cr. Its share price is ₹57.02 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Sutlej Textiles and Industries Ltd gave ₹2.85 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 Sutlej Textiles and Industries Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Sutlej Textiles and Industries Ltd has declared dividend of ₹1 - translating a dividend yield of 5%.
Let's look at Sutlej Textiles and Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Sutlej Textiles and Industries Ltd’s revenue were ₹689.54Cr in the quarter ending September 2024. The revenuefell by -6.75% year on year basis since last quarter.
- Sutlej Textiles and Industries Ltd’s profits were ₹-18.75Cr in the quarter ending September 2024. The profits grew by 62.08% year on year basis since last quarter.
- Sutlej Textiles and Industries Ltd’s dividend was ₹1 in the quarter ending March 2023.
Sutlej Textiles and Industries Ltd Dividend related ratios:
- Last dividend date: 05/05/2023
- Current Dividend Yield: 5%
- Annual dividend payment: ₹2.85
History of Sutlej Textiles and Industries Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
18/08/2023 | CASH | ₹1 | 05/05/2023 | 18/08/2023 |
26/08/2022 | CASH | ₹1.85 | 07/05/2022 | 29/08/2022 |
27/08/2021 | CASH | ₹0.30 | 07/05/2021 | 30/08/2021 |
14/09/2020 | CASH | ₹0.30 | 12/06/2020 | 15/09/2020 |
20/08/2019 | CASH | ₹0.65 | 09/05/2019 | 21/08/2019 |
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