Syrma SGS Technology Ltd Dividend 2024 : Should Syrma SGS Technology Ltd be a part of your dividend portfolio?
Syrma SGS Technology Ltd is one of the most popular Electronics company in the world with a market capitalisation of ₹7,622.84Cr. Its share price is ₹429.65 as on 8 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Syrma SGS Technology Ltd gave ₹1.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Electronics stocks do not always pay a dividend but as Syrma SGS Technology Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Syrma SGS Technology Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.35%.
Let's look at Syrma SGS Technology Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Syrma SGS Technology Ltd’s revenue were ₹1,175.20Cr in the quarter ending June 2024. The revenue grew by 88.52% year on year basis since last quarter.
Syrma SGS Technology Ltd’s profits were ₹19.30Cr in the quarter ending June 2024. The profits fell by -32.33% year on year basis since last quarter.
Syrma SGS Technology Ltd’s dividend was ₹1.50 in the quarter ending March 2023.
Syrma SGS Technology Ltd Dividend related ratios:
Last dividend date: 18/05/2023
Current Dividend Yield: 0.35%
Annual dividend payment: ₹1.50
History of Syrma SGS Technology Ltd's Dividend payments