MAXHEALTH
Max Healthcare Institute Ltd
₹567.40
Max Healthcare Institute Ltd Dividend 2023 : 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 ₹55,114.06Cr. Its share price is ₹567.40 as on 2 October,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Max Healthcare Institute Ltd gave ₹1 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 2023, Max Healthcare Institute Ltd has declared dividend of ₹1 - translating a dividend yield of 0.18%.
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 ₹1,326.31Cr in the quarter ending June 2023. The revenue grew by 20.82% year on year basis since last quarter.
- Max Healthcare Institute Ltd’s profits were ₹240.08Cr in the quarter ending June 2023. The profits grew by 38.91% year on year basis since last quarter.
- Max Healthcare Institute Ltd’s dividend was ₹1 in the quarter ending March 2023.
Max Healthcare Institute Ltd Dividend related ratios:
- Last dividend date: 16/05/2023
- Current Dividend Yield: 0.18%
- Annual dividend payment: ₹1
History of Max Healthcare Institute Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
08/09/2023 | CASH | ₹1 | 16/05/2023 | 08/09/2023 |
