Bharat Road Network Ltd Dividend 2024 : Should Bharat Road Network Ltd be a part of your dividend portfolio?
Bharat Road Network Ltd is one of the most popular Real Estate company in the world with a market capitalisation of ₹516.96Cr. Its share price is ₹61.50 as on 19 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Bharat Road Network Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Real Estate stocks do not always pay a dividend but as Bharat Road Network Ltd pays dividends to reward its shareholders.
In the quarter ending March 2019, Bharat Road Network Ltd has declared dividend of ₹0.50 - translating a dividend yield of 1.63%.
Let's look at Bharat Road Network Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Bharat Road Network Ltd’s revenue were ₹99.80Cr in the quarter ending December 2023. The revenue grew by 8.2% year on year basis since last quarter.
Bharat Road Network Ltd’s profits were ₹-15.73Cr in the quarter ending December 2023. The profits grew by 88.16% year on year basis since last quarter.
Bharat Road Network Ltd’s dividend was ₹0.50 in the quarter ending March 2019.