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Avantel Ltd

₹119

Avantel Ltd Dividend 2024 : Should Avantel Ltd be a part of your dividend portfolio?

Avantel Ltd is one of the most popular Communication Services company in the world with a market capitalisation of ₹2,851.12Cr. Its share price is ₹119 as on 18 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Avantel Ltd gave ₹1.20 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Communication Services stocks do not always pay a dividend but as Avantel Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2024, Avantel Ltd has declared dividend of ₹0.20 - translating a dividend yield of 1.01%.

Let's look at Avantel Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Avantel Ltd’s revenue were ₹42.22Cr in the quarter ending March 2024. The revenuefell by -19.76% year on year basis since last quarter.
  • Avantel Ltd’s profits were ₹12.15Cr in the quarter ending March 2024. The profits grew by 26.17% year on year basis since last quarter.
  • Avantel Ltd’s dividend was ₹0.20 in the quarter ending March 2024.

Avantel Ltd Dividend related ratios:

  • Last dividend date: 25/04/2024
  • Current Dividend Yield: 1.01%
  • Annual dividend payment: ₹1.20

Avantel Ltd Dividend v/s Avantel Ltd Share price

History of Avantel Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
22/05/2024
CASH
₹0.20
25/04/2024
23/05/2024
16/06/2023
CASH
₹1
17/05/2023
16/06/2023
18/05/2022
CASH
₹4
06/05/2022
19/05/2022
27/05/2021
CASH
₹4
24/04/2021
29/05/2021
17/06/2020
CASH
₹2
09/05/2020
18/06/2020
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FAQs

Avantel Ltd current market price is ₹119 per share

Avantel Ltd has declared dividend worth ₹0.20 in the last year.

Avantel Ltd has declared dividend worth ₹0.20 in the latest quarter.

Avantel Ltd has declared dividend on 25/04/2024 of ₹0.20.

Avantel Ltd has declared dividend 1 times of ₹0.20 in the current financial year (FY2024-2025)

Avantel Ltd has declared dividend 1 times of ₹1 in the previous financial year (FY2023-2024)