Windlas Biotech Ltd Dividend 2024 : Should Windlas Biotech Ltd be a part of your dividend portfolio?
Windlas Biotech Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹2,002.15Cr. Its share price is ₹926.60 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Windlas Biotech Ltd gave ₹5.50 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 Windlas Biotech Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Windlas Biotech Ltd has declared dividend of ₹5.50 - translating a dividend yield of 0.59%.
Let's look at Windlas Biotech Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Windlas Biotech Ltd’s revenue were ₹191.84Cr in the quarter ending September 2024. The revenue grew by 23.05% year on year basis since last quarter.
Windlas Biotech Ltd’s profits were ₹15.66Cr in the quarter ending September 2024. The profits grew by 11.62% year on year basis since last quarter.
Windlas Biotech Ltd’s dividend was ₹5.50 in the quarter ending March 2024.
Windlas Biotech Ltd Dividend related ratios:
Last dividend date: 20/05/2024
Current Dividend Yield: 0.59%
Annual dividend payment: ₹5.50
History of Windlas Biotech Ltd's Dividend payments