Aster DM Healthcare Ltd Dividend 2024 : Should Aster DM Healthcare Ltd be a part of your dividend portfolio?
Aster DM Healthcare Ltd is one of the most popular Healthcare company in the world with a market capitalisation of ₹17,457.98Cr. Its share price is ₹347.95 as on 19 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Aster DM Healthcare Ltd gave ₹118 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Healthcare stocks do not always pay a dividend but as Aster DM Healthcare Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Aster DM Healthcare Ltd has declared dividend of ₹118 - translating a dividend yield of 33.91%.
Let's look at Aster DM Healthcare Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Aster DM Healthcare Ltd’s revenue were ₹3,718.56Cr in the quarter ending December 2023. The revenue grew by 16.14% year on year basis since last quarter.
Aster DM Healthcare Ltd’s profits were ₹179.21Cr in the quarter ending December 2023. The profits grew by 28.57% year on year basis since last quarter.
Aster DM Healthcare Ltd’s dividend was ₹118 in the quarter ending March 2024.