RAINBOW
Rainbow Childrens Medicare Ltd
₹1,464
Rainbow Childrens Medicare Ltd Dividend 2024 : Should Rainbow Childrens Medicare Ltd be a part of your dividend portfolio?
Rainbow Childrens Medicare Ltd is one of the most popular Healthcare company in the world with a market capitalisation of ₹14,834.98Cr. Its share price is ₹1,464 as on 6 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Rainbow Childrens Medicare Ltd gave ₹5 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 Rainbow Childrens Medicare Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Rainbow Childrens Medicare Ltd has declared dividend of ₹3 - translating a dividend yield of 0.34%.
Let's look at Rainbow Childrens Medicare Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Rainbow Childrens Medicare Ltd’s revenue were ₹344.57Cr in the quarter ending December 2023. The revenue grew by 9.46% year on year basis since last quarter.
- Rainbow Childrens Medicare Ltd’s profits were ₹62.13Cr in the quarter ending December 2023. The profits grew by 7.27% year on year basis since last quarter.
- Rainbow Childrens Medicare Ltd’s dividend was ₹3 in the quarter ending March 2023.
Rainbow Childrens Medicare Ltd Dividend related ratios:
- Last dividend date: 14/05/2023
- Current Dividend Yield: 0.34%
- Annual dividend payment: ₹5
History of Rainbow Childrens Medicare Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
22/06/2023 | CASH | ₹3 | 14/05/2023 | 22/06/2023 |
07/09/2022 | CASH | ₹2 | 27/05/2022 | 08/09/2022 |
