RVNL
Rail Vikas Nigam Ltd
₹163.45
Rail Vikas Nigam Ltd Dividend 2023 : Should Rail Vikas Nigam Ltd be a part of your dividend portfolio?
Rail Vikas Nigam Ltd is one of the most popular Real Estate company in the world with a market capitalisation of ₹34,465.38Cr. Its share price is ₹163.45 as on 21 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Rail Vikas Nigam Ltd gave ₹2.38 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Real Estate stocks do not always pay a dividend but as Rail Vikas Nigam Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Rail Vikas Nigam Ltd has declared dividend of ₹0.36 - translating a dividend yield of 1.46%.
Let's look at Rail Vikas Nigam Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Rail Vikas Nigam Ltd’s revenue were ₹5,860.82Cr in the quarter ending June 2023. The revenue grew by 19.69% year on year basis since last quarter.
- Rail Vikas Nigam Ltd’s profits were ₹343.09Cr in the quarter ending June 2023. The profits grew by 15.26% year on year basis since last quarter.
- Rail Vikas Nigam Ltd’s dividend was ₹0.36 in the quarter ending March 2023.
Rail Vikas Nigam Ltd Dividend related ratios:
- Last dividend date: 29/05/2023
- Current Dividend Yield: 1.46%
- Annual dividend payment: ₹2.38
History of Rail Vikas Nigam Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
20/09/2023 | CASH | ₹0.36 | 29/05/2023 | 21/09/2023 |
06/04/2023 | CASH | ₹1.77 | 24/03/2023 | 06/04/2023 |
22/09/2022 | CASH | ₹0.25 | 30/05/2022 | 23/09/2022 |
24/03/2022 | CASH | ₹1.58 | 16/03/2022 | 25/03/2022 |
30/11/2021 | CASH | ₹0.44 | 29/06/2021 | 02/12/2021 |
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