IRB Infrastructure Trust Dividend 2024 : Should IRB Infrastructure Trust be a part of your dividend portfolio?
IRB Infrastructure Trust is one of the most popular Infrastructure Investment Trusts company in the world with a market capitalisation of ₹24,525.75Cr. Its share price is ₹220.22 as on 21 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, IRB Infrastructure Trust gave ₹0.89 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Infrastructure Investment Trusts stocks do not always pay a dividend but as IRB Infrastructure Trust pays dividends to reward its shareholders.
In the quarter ending June 2024, IRB Infrastructure Trust has declared dividend of ₹0.65 - translating a dividend yield of 0.40%.
Let's look at IRB Infrastructure Trust’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
IRB Infrastructure Trust’s revenue were ₹1,250.70Cr in the quarter ending June 2024. The revenue grew by 69.37% year on year basis since last quarter.
IRB Infrastructure Trust’s profits were ₹-114.93Cr in the quarter ending June 2024. The profits fell by -0.08% year on year basis since last quarter.
IRB Infrastructure Trust’s dividend was ₹0.65 in the quarter ending June 2024.
IRB Infrastructure Trust Dividend related ratios:
Last dividend date: 05/08/2024
Current Dividend Yield: 0.40%
Annual dividend payment: ₹0.89
History of IRB Infrastructure Trust's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
09/08/2024
CASH
₹0.65
05/08/2024
09/08/2024
09/05/2024
CASH
₹0.24
04/05/2024
09/05/2024
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