LODHA
Macrotech Developers Ltd
₹1,137.20
Macrotech Developers Ltd Dividend 2024 : Should Macrotech Developers Ltd be a part of your dividend portfolio?
Macrotech Developers Ltd is one of the most popular Real Estate company in the world with a market capitalisation of ₹1,15,636.99Cr. Its share price is ₹1,137.20 as on 21 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Macrotech Developers Ltd gave ₹2.25 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 Macrotech Developers Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Macrotech Developers Ltd has declared dividend of ₹2.25 - translating a dividend yield of 0.20%.
Let's look at Macrotech Developers Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Macrotech Developers Ltd’s revenue were ₹2,918.30Cr in the quarter ending June 2024. The revenue grew by 74.56% year on year basis since last quarter.
- Macrotech Developers Ltd’s profits were ₹475.30Cr in the quarter ending June 2024. The profits grew by 166.42% year on year basis since last quarter.
- Macrotech Developers Ltd’s dividend was ₹2.25 in the quarter ending March 2024.
Macrotech Developers Ltd Dividend related ratios:
- Last dividend date: 24/04/2024
- Current Dividend Yield: 0.20%
- Annual dividend payment: ₹2.25
History of Macrotech Developers Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
16/08/2024 | CASH | ₹2.25 | 24/04/2024 | 16/08/2024 |
08/09/2023 | CASH | ₹1 | 22/04/2023 | 08/09/2023 |
