523696
Fortis Malar Hospitals Ltd
₹87.41
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 ₹163.82Cr. Its share price is ₹87.41 as on 4 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Fortis Malar Hospitals Ltd gave ₹40 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 ₹40 - translating a dividend yield of 45.76%.
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 ₹18.84Cr in the quarter ending December 2023. The revenuefell by -19.59% year on year basis since last quarter.
- Fortis Malar Hospitals Ltd’s profits were ₹-4Cr in the quarter ending December 2023. The profits fell by -247.83% year on year basis since last quarter.
- Fortis Malar Hospitals Ltd’s dividend was ₹40 in the quarter ending March 2024.
Fortis Malar Hospitals Ltd Dividend related ratios:
- Last dividend date: 12/04/2024
- Current Dividend Yield: 45.76%
- Annual dividend payment: ₹40
History of Fortis Malar Hospitals Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
23/04/2024 | CASH | ₹40 | 12/04/2024 | 23/04/2024 |
14/09/2015 | CASH | ₹0.50 | 29/04/2015 | 16/09/2015 |
19/09/2013 | CASH | ₹0.50 | 30/08/2013 | 20/09/2013 |
