Narayana Hrudayalaya Ltd Dividend 2024 : Should Narayana Hrudayalaya Ltd be a part of your dividend portfolio?
Narayana Hrudayalaya Ltd is one of the most popular Healthcare company in the world with a market capitalisation of ₹25,542.04Cr. Its share price is ₹1,265.70 as on 7 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Narayana Hrudayalaya Ltd gave ₹3.50 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 Narayana Hrudayalaya Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Narayana Hrudayalaya Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.28%.
Let's look at Narayana Hrudayalaya Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Narayana Hrudayalaya Ltd’s revenue were ₹1,221.52Cr in the quarter ending December 2023. The revenue grew by 7.18% year on year basis since last quarter.
Narayana Hrudayalaya Ltd’s profits were ₹188.02Cr in the quarter ending December 2023. The profits grew by 22.27% year on year basis since last quarter.
Narayana Hrudayalaya Ltd’s dividend was ₹2.50 in the quarter ending March 2023.