IDFC
IDFC Ltd
₹121.95
IDFC Ltd Dividend 2024 : Should IDFC Ltd be a part of your dividend portfolio?
IDFC Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹19,591.81Cr. Its share price is ₹121.95 as on 18 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, IDFC Ltd gave ₹12 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Financial Services stocks do not always pay a dividend but as IDFC Ltd pays dividends to reward its shareholders.
- In the quarter ending December 2022, IDFC Ltd has declared dividend of ₹11 - translating a dividend yield of 9.84%.
Let's look at IDFC Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- IDFC Ltd’s revenue were ₹209.86Cr in the quarter ending December 2023. The revenuefell by -24.84% year on year basis since last quarter.
- IDFC Ltd’s profits were ₹210.04Cr in the quarter ending December 2023. The profits fell by -22.79% year on year basis since last quarter.
- IDFC Ltd’s dividend was ₹11 in the quarter ending December 2022.
IDFC Ltd Dividend related ratios:
- Last dividend date: 01/02/2023
- Current Dividend Yield: 9.84%
- Annual dividend payment: ₹12
History of IDFC Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
13/02/2023 | CASH | ₹11 | 01/02/2023 | 13/02/2023 |
19/04/2022 | CASH | ₹1 | 06/04/2022 | 20/04/2022 |
21/11/2019 | CASH | ₹0.65 | 14/11/2019 | 22/11/2019 |
27/09/2019 | CASH | ₹2.50 | 21/09/2019 | 30/09/2019 |
23/07/2018 | CASH | ₹0.75 | 27/04/2018 | 25/07/2018 |
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