RAILTEL
Railtel Corporation of India Ltd
₹399.60
Railtel Corporation of India Ltd Dividend 2024 : Should Railtel Corporation of India Ltd be a part of your dividend portfolio?
Railtel Corporation of India Ltd is one of the most popular Communication Services company in the world with a market capitalisation of ₹12,826.30Cr. Its share price is ₹399.60 as on 2 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Railtel Corporation of India Ltd gave ₹3.55 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Communication Services stocks do not always pay a dividend but as Railtel Corporation of India Ltd pays dividends to reward its shareholders.
- In the quarter ending September 2023, Railtel Corporation of India Ltd has declared dividend of ₹1 - translating a dividend yield of 0.89%.
Let's look at Railtel Corporation of India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Railtel Corporation of India Ltd’s revenue were ₹612.82Cr in the quarter ending September 2023. The revenue grew by 39.25% year on year basis since last quarter.
- Railtel Corporation of India Ltd’s profits were ₹68.15Cr in the quarter ending September 2023. The profits grew by 23.37% year on year basis since last quarter.
- Railtel Corporation of India Ltd’s dividend was ₹1 in the quarter ending September 2023.
Railtel Corporation of India Ltd Dividend related ratios:
- Last dividend date: 26/10/2023
- Current Dividend Yield: 0.89%
- Annual dividend payment: ₹3.55
History of Railtel Corporation of India Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
03/11/2023 | CASH | ₹1 | 26/10/2023 | 04/11/2023 |
24/08/2023 | CASH | ₹1.05 | 09/07/2023 | 24/08/2023 |
08/02/2023 | CASH | ₹1.50 | 31/01/2023 | 08/02/2023 |
22/09/2022 | CASH | ₹0.65 | 09/07/2022 | 23/09/2022 |
20/01/2022 | CASH | ₹1.75 | 10/01/2022 | 21/01/2022 |
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