IRBINVIT
IRB InvIT Fund
₹67.47
IRB InvIT Fund Dividend 2024 : 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 ₹3,920.12Cr. Its share price is ₹67.47 as on 23 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, IRB InvIT Fund gave ₹10 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 December 2023, IRB InvIT Fund has declared dividend of ₹2 - translating a dividend yield of 14.82%.
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 ₹283.32Cr in the quarter ending December 2023. The revenuefell by -0.67% year on year basis since last quarter.
- IRB InvIT Fund’s profits were ₹80.91Cr in the quarter ending December 2023. The profits fell by -19.41% year on year basis since last quarter.
- IRB InvIT Fund’s dividend was ₹2 in the quarter ending December 2023.
IRB InvIT Fund Dividend related ratios:
- Last dividend date: 30/01/2024
- Current Dividend Yield: 14.82%
- Annual dividend payment: ₹10
History of IRB InvIT Fund's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
05/02/2024 | CASH | ₹2 | 30/01/2024 | 05/02/2024 |
01/11/2023 | CASH | ₹2 | 26/10/2023 | 01/11/2023 |
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 |
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