RAJMET
Rajnandini Metal Ltd
₹10.25
Rajnandini Metal Ltd Dividend 2023 : 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 ₹282.01Cr. Its share price is ₹10.25 as on 21 September,2023.
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 9.76%.
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 ₹266.58Cr in the quarter ending June 2023. The revenue grew by 1.3% year on year basis since last quarter.
- Rajnandini Metal Ltd’s profits were ₹4.59Cr in the quarter ending June 2023. The profits grew by 27.86% 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: 9.76%
- 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 |
