RANEENGINE
Rane Engine Valve Ltd
₹305.50
Rane Engine Valve Ltd Dividend 2023 : Should Rane Engine Valve Ltd be a part of your dividend portfolio?
Rane Engine Valve Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹221.70Cr. Its share price is ₹305.50 as on 22 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Rane Engine Valve Ltd gave ₹2.50 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 Rane Engine Valve Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2017, Rane Engine Valve Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.82%.
Let's look at Rane Engine Valve Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Rane Engine Valve Ltd’s revenue were ₹138.53Cr in the quarter ending June 2023. The revenue grew by 20.45% year on year basis since last quarter.
- Rane Engine Valve Ltd’s profits were ₹1.74Cr in the quarter ending June 2023. The profits grew by 155.95% year on year basis since last quarter.
- Rane Engine Valve Ltd’s dividend was ₹2.50 in the quarter ending March 2017.
Rane Engine Valve Ltd Dividend related ratios:
- Last dividend date: 18/05/2017
- Current Dividend Yield: 0.82%
- Annual dividend payment: ₹2.50
History of Rane Engine Valve Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
11/08/2017 | CASH | ₹2.50 | 18/05/2017 | 14/08/2017 |
10/07/2015 | CASH | ₹2.50 | 22/05/2015 | 14/07/2015 |
12/07/2012 | CASH | ₹3 | 21/05/2012 | 14/07/2012 |
06/02/2012 | CASH | ₹7.50 | 24/01/2012 | 07/02/2012 |
14/07/2011 | CASH | ₹2 | 19/05/2011 | 16/07/2011 |
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