Fortis Malar Hospitals Ltd Dividend 2024 : Should Fortis Malar Hospitals Ltd be a part of your dividend portfolio?
Fortis Malar Hospitals Ltd is one of the most popular Healthcare company in the world with a market capitalisation of ₹107.17Cr. Its share price is ₹57.49 as on 12 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Fortis Malar Hospitals Ltd gave ₹42.50 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 Malar Hospitals Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Fortis Malar Hospitals Ltd has declared dividend of ₹2.50 - translating a dividend yield of 73.93%.
Let's look at Fortis Malar Hospitals Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Fortis Malar Hospitals Ltd’s revenue were ₹0.83Cr in the quarter ending June 2024. The revenuefell by -95.72% year on year basis since last quarter.
Fortis Malar Hospitals Ltd’s profits were ₹0.06Cr in the quarter ending June 2024. The profits grew by 97.95% year on year basis since last quarter.
Fortis Malar Hospitals Ltd’s dividend was ₹2.50 in the quarter ending March 2024.
Fortis Malar Hospitals Ltd Dividend related ratios:
Last dividend date: 17/05/2024
Current Dividend Yield: 73.93%
Annual dividend payment: ₹42.50
History of Fortis Malar Hospitals Ltd's Dividend payments