543230
Advait Infratech Ltd
₹1,549
Advait Infratech Ltd Dividend 2024 : Should Advait Infratech Ltd be a part of your dividend portfolio?
Advait Infratech Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹1,620.17Cr. Its share price is ₹1,549 as on 29 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Advait Infratech Ltd gave ₹2 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Utilities stocks do not always pay a dividend but as Advait Infratech Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2022, Advait Infratech Ltd has declared dividend of ₹1 - translating a dividend yield of 0.13%.
Let's look at Advait Infratech Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Advait Infratech Ltd’s revenue were ₹73.42Cr in the quarter ending December 2023. The revenue grew by 185.46% year on year basis since last quarter.
- Advait Infratech Ltd’s profits were ₹7.70Cr in the quarter ending December 2023. The profits grew by 181.02% year on year basis since last quarter.
- Advait Infratech Ltd’s dividend was ₹1 in the quarter ending March 2022.
Advait Infratech Ltd Dividend related ratios:
- Last dividend date: 28/05/2022
- Current Dividend Yield: 0.13%
- Annual dividend payment: ₹2
History of Advait Infratech Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
20/06/2022 | CASH | ₹1 | 28/05/2022 | 21/06/2022 |
13/09/2021 | CASH | ₹1 | 25/06/2021 | 14/09/2021 |
