RML
Rane (Madras) Ltd
₹842.25
Rane (Madras) Ltd Dividend 2024 : Should Rane (Madras) Ltd be a part of your dividend portfolio?
Rane (Madras) Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹1,379.86Cr. Its share price is ₹842.25 as on 24 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Rane (Madras) Ltd gave ₹8.50 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 (Madras) Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2019, Rane (Madras) Ltd has declared dividend of ₹4.50 - translating a dividend yield of 1.01%.
Let's look at Rane (Madras) Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Rane (Madras) Ltd’s revenue were ₹522.42Cr in the quarter ending December 2023. The revenuefell by -14.74% year on year basis since last quarter.
- Rane (Madras) Ltd’s profits were ₹9.09Cr in the quarter ending December 2023. The profits fell by -61.66% year on year basis since last quarter.
- Rane (Madras) Ltd’s dividend was ₹4.50 in the quarter ending March 2019.
Rane (Madras) Ltd Dividend related ratios:
- Last dividend date: 23/05/2019
- Current Dividend Yield: 1.01%
- Annual dividend payment: ₹8.50
History of Rane (Madras) Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
16/07/2019 | CASH | ₹4.50 | 23/05/2019 | 17/07/2019 |
31/01/2019 | CASH | ₹4 | 22/01/2019 | 01/02/2019 |
17/07/2018 | CASH | ₹7.50 | 30/04/2018 | 18/07/2018 |
01/02/2018 | CASH | ₹4.50 | 23/01/2018 | 03/02/2018 |
14/08/2017 | CASH | ₹4 | 16/05/2017 | 17/08/2017 |
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