FORTIS
Fortis Healthcare Ltd
₹462.75
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 ₹34,267.55Cr. Its share price is ₹462.75 as on 9 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Fortis Healthcare Ltd gave ₹1 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 2023, Fortis Healthcare Ltd has declared dividend of ₹1 - translating a dividend yield of 0.22%.
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 ₹1,698.73Cr in the quarter ending December 2023. The revenue grew by 7.13% year on year basis since last quarter.
- Fortis Healthcare Ltd’s profits were ₹134.67Cr in the quarter ending December 2023. The profits grew by 3.94% year on year basis since last quarter.
- Fortis Healthcare Ltd’s dividend was ₹1 in the quarter ending March 2023.
Fortis Healthcare Ltd Dividend related ratios:
- Last dividend date: 24/05/2023
- Current Dividend Yield: 0.22%
- Annual dividend payment: ₹1
History of Fortis Healthcare Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
20/07/2023 | CASH | ₹1 | 24/05/2023 | 20/07/2023 |
