RAJMET
Rajnandini Metal Ltd
₹11.10
Rajnandini Metal Ltd Dividend 2024 : Should Rajnandini Metal Ltd be a part of your dividend portfolio?
Rajnandini Metal Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹312.42Cr. Its share price is ₹11.10 as on 2 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Rajnandini Metal Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Industrials stocks do not always pay a dividend but as Rajnandini Metal Ltd pays dividends to reward its shareholders.
- In the quarter ending June 2022, Rajnandini Metal Ltd has declared dividend of ₹1 - translating a dividend yield of 9.01%.
Let's look at Rajnandini Metal Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Rajnandini Metal Ltd’s revenue were ₹301.06Cr in the quarter ending December 2023. The revenue grew by 18.93% year on year basis since last quarter.
- Rajnandini Metal Ltd’s profits were ₹3.86Cr in the quarter ending December 2023. The profits grew by 13.86% year on year basis since last quarter.
- Rajnandini Metal Ltd’s dividend was ₹1 in the quarter ending June 2022.
Rajnandini Metal Ltd Dividend related ratios:
- Last dividend date: 01/08/2022
- Current Dividend Yield: 9.01%
- Annual dividend payment: ₹1
History of Rajnandini Metal Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
11/08/2022 | CASH | ₹1 | 01/08/2022 | 12/08/2022 |
