FORTIS
Fortis Healthcare Ltd
₹503.40
Fortis Healthcare Ltd Dividend 2024 : Should Fortis Healthcare Ltd be a part of your dividend portfolio?
Fortis Healthcare Ltd is one of the most popular Healthcare company in the world with a market capitalisation of ₹36,373.88Cr. Its share price is ₹503.40 as on 26 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Fortis Healthcare Ltd gave ₹2 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 Fortis Healthcare Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Fortis Healthcare Ltd has declared dividend of ₹1 - translating a dividend yield of 0.40%.
Let's look at Fortis Healthcare Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Fortis Healthcare Ltd’s revenue were ₹1,803.14Cr in the quarter ending March 2024. The revenue grew by 8.05% year on year basis since last quarter.
- Fortis Healthcare Ltd’s profits were ₹178.73Cr in the quarter ending March 2024. The profits grew by 34.84% year on year basis since last quarter.
- Fortis Healthcare Ltd’s dividend was ₹1 in the quarter ending March 2024.
Fortis Healthcare Ltd Dividend related ratios:
- Last dividend date: 23/05/2024
- Current Dividend Yield: 0.40%
- Annual dividend payment: ₹2
History of Fortis Healthcare Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
24/07/2024 | CASH | ₹1 | 23/05/2024 | 24/07/2024 |
20/07/2023 | CASH | ₹1 | 24/05/2023 | 20/07/2023 |
