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520073

RACL Geartech Ltd

₹1,211

RACL Geartech Ltd Dividend 2024 : Should RACL Geartech Ltd be a part of your dividend portfolio?

RACL Geartech Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹1,327.86Cr. Its share price is ₹1,211 as on 28 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, RACL Geartech Ltd gave ₹2.50 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Consumer Cyclical stocks do not always pay a dividend but as RACL Geartech Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, RACL Geartech Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.21%.

Let's look at RACL Geartech Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • RACL Geartech Ltd’s revenue were ₹107.24Cr in the quarter ending March 2024. The revenue grew by 11.35% year on year basis since last quarter.
  • RACL Geartech Ltd’s profits were ₹8.41Cr in the quarter ending March 2024. The profits fell by -12.03% year on year basis since last quarter.
  • RACL Geartech Ltd’s dividend was ₹1.50 in the quarter ending March 2023.

RACL Geartech Ltd Dividend related ratios:

  • Last dividend date: 22/05/2023
  • Current Dividend Yield: 0.21%
  • Annual dividend payment: ₹2.50

RACL Geartech Ltd Dividend v/s RACL Geartech Ltd Share price

History of RACL Geartech Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
12/09/2023
CASH
₹1.50
22/05/2023
12/09/2023
19/08/2022
CASH
₹1
27/05/2022
22/08/2022
24/02/2021
CASH
₹1
13/02/2021
25/02/2021
22/11/2019
CASH
₹1
11/11/2019
25/11/2019

FAQs

RACL Geartech Ltd current market price is ₹1,211 per share

RACL Geartech Ltd has declared dividend worth ₹1.50 in the latest quarter.

RACL Geartech Ltd has declared dividend on 22/05/2023 of ₹1.50.

RACL Geartech Ltd has declared dividend 1 times of ₹1.50 in the previous financial year (FY2023-2024)