Rashi Peripherals Ltd Dividend 2024 : Should Rashi Peripherals Ltd be a part of your dividend portfolio?
Rashi Peripherals Ltd is one of the most popular Trading company in the world with a market capitalisation of ₹2,582.94Cr. Its share price is ₹379.35 as on 9 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Rashi Peripherals Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Trading stocks do not always pay a dividend but as Rashi Peripherals Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Rashi Peripherals Ltd has declared dividend of ₹1 - translating a dividend yield of 0.26%.
Let's look at Rashi Peripherals Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Rashi Peripherals Ltd’s revenue were ₹4,274.50Cr in the quarter ending June 2024. The revenue grew by 74.49% year on year basis since last quarter.
Rashi Peripherals Ltd’s profits were ₹55.21Cr in the quarter ending June 2024. The profits grew by 10.31% year on year basis since last quarter.
Rashi Peripherals Ltd’s dividend was ₹1 in the quarter ending March 2024.
Rashi Peripherals Ltd Dividend related ratios:
Last dividend date: 24/05/2024
Current Dividend Yield: 0.26%
Annual dividend payment: ₹1
History of Rashi Peripherals Ltd's Dividend payments