IRBINVIT
IRB InvIT Fund
₹70.52
IRB InvIT Fund Dividend 2023 : Should IRB InvIT Fund be a part of your dividend portfolio?
IRB InvIT Fund is one of the most popular Real Estate company in the world with a market capitalisation of ₹4,094.85Cr. Its share price is ₹70.52 as on 4 October,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, IRB InvIT Fund gave ₹8.05 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Real Estate stocks do not always pay a dividend but as IRB InvIT Fund pays dividends to reward its shareholders.
- In the quarter ending June 2023, IRB InvIT Fund has declared dividend of ₹2 - translating a dividend yield of 11.42%.
Let's look at IRB InvIT Fund’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- IRB InvIT Fund’s revenue were ₹268.69Cr in the quarter ending June 2023. The revenuefell by -62.56% year on year basis since last quarter.
- IRB InvIT Fund’s profits were ₹100.59Cr in the quarter ending June 2023. The profits fell by -2.18% year on year basis since last quarter.
- IRB InvIT Fund’s dividend was ₹2 in the quarter ending June 2023.
IRB InvIT Fund Dividend related ratios:
- Last dividend date: 04/08/2023
- Current Dividend Yield: 11.42%
- Annual dividend payment: ₹8.05
History of IRB InvIT Fund's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
10/08/2023 | CASH | ₹2 | 04/08/2023 | 10/08/2023 |
12/05/2023 | CASH | ₹2 | 08/05/2023 | 12/05/2023 |
10/02/2023 | CASH | ₹2 | 07/02/2023 | 11/02/2023 |
20/10/2022 | CASH | ₹2.05 | 17/10/2022 | 21/10/2022 |
03/08/2022 | CASH | ₹2 | 29/07/2022 | 04/08/2022 |
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