Dividend yield is a financial ratio that shows the annual dividend income as a percentage of a stock’s current price. It helps investors assess potential income from dividends. For example, if a stock priced at $100 pays a $5 annual dividend, its dividend yield is 5%.
Here are the stocks under 250 with high dividend yield up to 2.84%
National Aluminium Company Limited is engaged in the business of manufacturing and selling alumina and aluminium. The Company’s segments include Chemical and Aluminium. The Chemical segment includes calcined alumina, alumina hydrate, and other related products.
With a market capitalization of Rs 31,976 crore, the shares closed at Rs 174 per share, decreased around 1 percent as compared to the previous closing price. The has a dividend yield of 2.84 percent.
Looking at the company’s financial statements, the revenue decreased by 10 percent from Rs. 3,179 crores in Q1FY24 to Rs. 2,856 crores in Q1FY25. In addition, the net profits increased by 72 percent from Rs. 349 crores to Rs. 601 crores during the same period.
Gujarat State Fertilizers & Chemicals Limited produces fertilizers and chemicals. The company is divided into two business segments: fertilizer products and industrial products. The Fertilizer Products section includes urea, ammonium sulfate, di-ammonium phosphate, and others.
With a market capitalization of Rs 9,283 crore, the shares closed at Rs 233 per share, decreased around 3 percent as compared to the previous closing price. The has a dividend yield of 1.65 percent.
Looking at the company’s financial statements, the revenue increased by 5 percent from Rs. 2,063 crores in Q1FY24 to Rs. 2,163 crores in Q1FY25. In addition, the net profits decreased by 22 percent from Rs. 112 crores to Rs. 87 crores during the same period.
Bhansali Engineering Polymers Limited is engaged in the manufacturing of acrylonitrile butadiene styrene (ABS) resins and styrene acrylonitrile (SAN) resins, which are classified under the category of highly specialized engineering thermoplastics.
With a market capitalization of Rs 4,094 crore, the shares closed at Rs 164 per share, decreased around 4.50 percent as compared to the previous closing price. The has a dividend yield of 2.35 percent.
Looking at the company’s financial statements, the revenue increased by 16 percent from Rs. 294 crores in Q1FY24 to Rs. 340 crores in Q1FY25. In addition, the net profits decreased by 6 percent from Rs. 50 crores to Rs. 53 crores during the same period.
Written by:- Abhishek Singh
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