MAXHEALTH
Max Healthcare Institute Ltd
₹951.45
Max Healthcare Institute Ltd Dividend 2024 : Should Max Healthcare Institute Ltd be a part of your dividend portfolio?
Max Healthcare Institute Ltd is one of the most popular Healthcare company in the world with a market capitalisation of ₹91,161.68Cr. Its share price is ₹951.45 as on 21 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Max Healthcare Institute Ltd gave ₹1.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Healthcare stocks do not always pay a dividend but as Max Healthcare Institute Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Max Healthcare Institute Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.16%.
Let's look at Max Healthcare Institute Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Max Healthcare Institute Ltd’s revenue were ₹1,577.63Cr in the quarter ending June 2024. The revenue grew by 18.95% year on year basis since last quarter.
- Max Healthcare Institute Ltd’s profits were ₹236.27Cr in the quarter ending June 2024. The profits fell by -1.59% year on year basis since last quarter.
- Max Healthcare Institute Ltd’s dividend was ₹1.50 in the quarter ending March 2024.
Max Healthcare Institute Ltd Dividend related ratios:
- Last dividend date: 22/05/2024
- Current Dividend Yield: 0.16%
- Annual dividend payment: ₹1.50
History of Max Healthcare Institute Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
23/08/2024 | CASH | ₹1.50 | 22/05/2024 | 23/08/2024 |
08/09/2023 | CASH | ₹1 | 16/05/2023 | 08/09/2023 |
