Raj Rayon Industries Ltd Dividend 2023 : Should Raj Rayon Industries Ltd be a part of your dividend portfolio?
Raj Rayon Industries Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹2,237.12Cr. Its share price is ₹40.15 as on 24 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Raj Rayon Industries Ltd gave ₹0.60 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 Raj Rayon Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2011, Raj Rayon Industries Ltd has declared dividend of ₹0.30 - translating a dividend yield of 1.49%.
Let's look at Raj Rayon Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Raj Rayon Industries Ltd’s revenue were ₹155.89Cr in the quarter ending June 2023. The revenue grew by 53655.17% year on year basis since last quarter.
Raj Rayon Industries Ltd’s profits were ₹0.29Cr in the quarter ending June 2023. The profits grew by 108.41% year on year basis since last quarter.
Raj Rayon Industries Ltd’s dividend was ₹0.30 in the quarter ending March 2011.
Raj Rayon Industries Ltd Dividend related ratios:
Last dividend date: 26/05/2011
Current Dividend Yield: 1.49%
Annual dividend payment: ₹0.60
History of Raj Rayon Industries Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
06/09/2011
CASH
₹0.30
26/05/2011
08/09/2011
29/07/2010
CASH
₹0.30
28/05/2010
31/07/2010
19/09/2007
CASH
₹0.50
02/07/2007
21/09/2007
05/08/2005
CASH
₹0
22/06/2005
09/08/2005
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