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Rail Vikas Nigam Ltd

₹390.20

Rail Vikas Nigam Ltd Dividend 2024 : 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 ₹81,315.78Cr. Its share price is ₹390.20 as on 18 June,2024.

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 0.61%.

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 ₹7,037.38Cr in the quarter ending March 2024. The revenue grew by 17.41% year on year basis since last quarter.
  • Rail Vikas Nigam Ltd’s profits were ₹478.40Cr in the quarter ending March 2024. The profits grew by 33.17% 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: 0.61%
  • Annual dividend payment: ₹2.38

Rail Vikas Nigam Ltd Dividend v/s Rail Vikas Nigam Ltd Share price

History of Rail Vikas Nigam Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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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FAQs

Rail Vikas Nigam Ltd current market price is ₹390.20 per share

Rail Vikas Nigam Ltd has declared dividend worth ₹0.36 in the latest quarter.

Rail Vikas Nigam Ltd has declared dividend on 29/05/2023 of ₹0.36.

Rail Vikas Nigam Ltd has declared dividend 1 times of ₹0.36 in the previous financial year (FY2023-2024)