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FORTIS

Fortis Healthcare Ltd

₹452.75

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 ₹34,041.06Cr. Its share price is ₹452.75 as on 18 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

Fortis Healthcare Ltd Dividend v/s Fortis Healthcare Ltd Share price

History of Fortis Healthcare Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
20/07/2023
CASH
₹1
24/05/2023
20/07/2023

FAQs

Fortis Healthcare Ltd current market price is ₹452.75 per share

Fortis Healthcare Ltd has declared dividend worth ₹1 in the last year.

Fortis Healthcare Ltd has declared dividend worth ₹1 in the latest quarter.

Fortis Healthcare Ltd has declared dividend on 24/05/2023 of ₹1.

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