Medi Assist Healthcare Services Ltd Dividend 2024 : Should Medi Assist Healthcare Services Ltd be a part of your dividend portfolio?
Medi Assist Healthcare Services Ltd is one of the most popular Insurance company in the world with a market capitalisation of ₹4,659.01Cr. Its share price is ₹662.95 as on 3 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Medi Assist Healthcare Services Ltd gave ₹4 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Insurance stocks do not always pay a dividend but as Medi Assist Healthcare Services Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Medi Assist Healthcare Services Ltd has declared dividend of ₹4 - translating a dividend yield of 0.60%.
Let's look at Medi Assist Healthcare Services Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Medi Assist Healthcare Services Ltd’s revenue were ₹172.90Cr in the quarter ending June 2024. The revenue grew by 18.23% year on year basis since last quarter.
Medi Assist Healthcare Services Ltd’s profits were ₹18.82Cr in the quarter ending June 2024. The profits grew by 5.91% year on year basis since last quarter.
Medi Assist Healthcare Services Ltd’s dividend was ₹4 in the quarter ending March 2024.
Medi Assist Healthcare Services Ltd Dividend related ratios:
Last dividend date: 15/05/2024
Current Dividend Yield: 0.60%
Annual dividend payment: ₹4
History of Medi Assist Healthcare Services Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
06/09/2024
CASH
₹4
15/05/2024
06/09/2024
Medi Assist Healthcare Services Ltd Dividend v/s Medi Assist Healthcare Services Ltd Share price