Anand Rayons Ltd Dividend 2024 : Should Anand Rayons Ltd be a part of your dividend portfolio?
Anand Rayons Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹70.98Cr. Its share price is ₹48.30 as on 10 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Anand Rayons Ltd gave ₹0.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Financial Services stocks do not always pay a dividend but as Anand Rayons Ltd pays dividends to reward its shareholders.
In the quarter ending June 2019, Anand Rayons Ltd has declared dividend of ₹0.50 - translating a dividend yield of 1.04%.
Let's look at Anand Rayons Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Anand Rayons Ltd’s revenue were ₹70.31Cr in the quarter ending June 2024. The revenuefell by -5.67% year on year basis since last quarter.
Anand Rayons Ltd’s profits were ₹0.52Cr in the quarter ending June 2024. The profits fell by -43.48% year on year basis since last quarter.
Anand Rayons Ltd’s dividend was ₹0.50 in the quarter ending June 2019.
Anand Rayons Ltd Dividend related ratios:
Last dividend date: 04/09/2019
Current Dividend Yield: 1.04%
Annual dividend payment: ₹0.50
History of Anand Rayons Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
20/09/2019
CASH
₹0.50
04/09/2019
23/09/2019
Discover More Dividend Stocks in Financial Services Sector