Rasandik Engineering Industries India Ltd Dividend 2024 : Should Rasandik Engineering Industries India Ltd be a part of your dividend portfolio?
Rasandik Engineering Industries India Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹55.39Cr. Its share price is ₹93.50 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Rasandik Engineering Industries India 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 Rasandik Engineering Industries India Ltd pays dividends to reward its shareholders.
In the quarter ending March 2008, Rasandik Engineering Industries India Ltd has declared dividend of ₹1.50 - translating a dividend yield of 2.67%.
Let's look at Rasandik Engineering Industries India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Rasandik Engineering Industries India Ltd’s revenue were ₹17.89Cr in the quarter ending December 2023. The revenuefell by -33.64% year on year basis since last quarter.
Rasandik Engineering Industries India Ltd’s profits were ₹-6.35Cr in the quarter ending December 2023. The profits fell by -127.6% year on year basis since last quarter.
Rasandik Engineering Industries India Ltd’s dividend was ₹1.50 in the quarter ending March 2008.
Rasandik Engineering Industries India Ltd Dividend related ratios:
Last dividend date: 29/06/2008
Current Dividend Yield: 2.67%
Annual dividend payment: ₹2.50
History of Rasandik Engineering Industries India Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
04/09/2008
CASH
₹1.50
29/06/2008
06/09/2008
30/08/2007
CASH
₹1
02/07/2007
01/09/2007
11/08/2005
CASH
₹0
30/06/2006
13/08/2005
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