Syncom Formulations (India) Ltd Dividend 2024 : Should Syncom Formulations (India) Ltd be a part of your dividend portfolio?
Syncom Formulations (India) Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹1,892.22Cr. Its share price is ₹19.77 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Syncom Formulations (India) Ltd gave ₹0.03 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Basic Materials stocks do not always pay a dividend but as Syncom Formulations (India) Ltd pays dividends to reward its shareholders.
In the quarter ending June 2022, Syncom Formulations (India) Ltd has declared dividend of ₹0.03 - translating a dividend yield of 0.15%.
Let's look at Syncom Formulations (India) Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Syncom Formulations (India) Ltd’s revenue were ₹106.46Cr in the quarter ending September 2024. The revenue grew by 56.93% year on year basis since last quarter.
Syncom Formulations (India) Ltd’s profits were ₹11.11Cr in the quarter ending September 2024. The profits grew by 70.66% year on year basis since last quarter.
Syncom Formulations (India) Ltd’s dividend was ₹0.03 in the quarter ending June 2022.
Syncom Formulations (India) Ltd Dividend related ratios:
Last dividend date: 13/08/2022
Current Dividend Yield: 0.15%
Annual dividend payment: ₹0.03
History of Syncom Formulations (India) Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
09/09/2022
CASH
₹0.03
13/08/2022
13/09/2022
21/09/2017
CASH
₹0.02
30/05/2017
23/09/2017
22/09/2016
CASH
₹0.02
30/05/2016
26/09/2016
16/09/2015
CASH
₹0.02
30/05/2015
19/09/2015
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