LODHA
Macrotech Developers Ltd
₹1,238.60
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 ₹1,23,069.95Cr. Its share price is ₹1,238.60 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Macrotech Developers Ltd gave ₹1 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 2023, Macrotech Developers Ltd has declared dividend of ₹1 - translating a dividend yield of 0.08%.
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 ₹4,083.90Cr in the quarter ending March 2024. The revenue grew by 24.83% year on year basis since last quarter.
- Macrotech Developers Ltd’s profits were ₹665.50Cr in the quarter ending March 2024. The profits fell by -10.6% year on year basis since last quarter.
- Macrotech Developers Ltd’s dividend was ₹1 in the quarter ending March 2023.
Macrotech Developers Ltd Dividend related ratios:
- Last dividend date: 22/04/2023
- Current Dividend Yield: 0.08%
- Annual dividend payment: ₹1
History of Macrotech Developers Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
08/09/2023 | CASH | ₹1 | 22/04/2023 | 08/09/2023 |
