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532503

Rajapalayam Mills Ltd

₹943.85

Rajapalayam Mills Ltd Dividend 2024 : Should Rajapalayam Mills Ltd be a part of your dividend portfolio?

Rajapalayam Mills Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹901.18Cr. Its share price is ₹943.85 as on 29 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Rajapalayam Mills Ltd gave ₹2 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 Rajapalayam Mills Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Rajapalayam Mills Ltd has declared dividend of ₹1 - translating a dividend yield of 0.21%.

Let's look at Rajapalayam Mills Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Rajapalayam Mills Ltd’s revenue were ₹226.77Cr in the quarter ending March 2024. The revenue grew by 1.4% year on year basis since last quarter.
  • Rajapalayam Mills Ltd’s profits were ₹8.29Cr in the quarter ending March 2024. The profits fell by -71.16% year on year basis since last quarter.
  • Rajapalayam Mills Ltd’s dividend was ₹1 in the quarter ending March 2023.

Rajapalayam Mills Ltd Dividend related ratios:

  • Last dividend date: 24/05/2023
  • Current Dividend Yield: 0.21%
  • Annual dividend payment: ₹2

Rajapalayam Mills Ltd Dividend v/s Rajapalayam Mills Ltd Share price

History of Rajapalayam Mills Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
11/08/2023
CASH
₹1
24/05/2023
11/08/2023
11/08/2022
CASH
₹1
25/05/2022
13/08/2022
17/08/2021
CASH
₹0.50
28/05/2021
19/08/2021
08/09/2020
CASH
₹1
24/06/2020
09/09/2020
08/08/2019
CASH
₹4
28/05/2019
09/08/2019
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FAQs

Rajapalayam Mills Ltd current market price is ₹943.85 per share

Rajapalayam Mills Ltd has declared dividend worth ₹1 in the latest quarter.

Rajapalayam Mills Ltd has declared dividend on 24/05/2023 of ₹1.

Rajapalayam Mills Ltd has declared dividend 1 times of ₹1 in the previous financial year (FY2023-2024)