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RATNAMANI

Ratnamani Metals & Tubes Ltd

₹3,015.90

Ratnamani Metals & Tubes Ltd Dividend 2024 : Should Ratnamani Metals & Tubes Ltd be a part of your dividend portfolio?

Ratnamani Metals & Tubes Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹21,094.19Cr. Its share price is ₹3,015.90 as on 25 April,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Ratnamani Metals & Tubes Ltd gave ₹21.33 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 Ratnamani Metals & Tubes Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Ratnamani Metals & Tubes Ltd has declared dividend of ₹12 - translating a dividend yield of 0.71%.

Let's look at Ratnamani Metals & Tubes Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Ratnamani Metals & Tubes Ltd’s revenue were ₹1,272.47Cr in the quarter ending December 2023. The revenue grew by 15.04% year on year basis since last quarter.
  • Ratnamani Metals & Tubes Ltd’s profits were ₹132.87Cr in the quarter ending December 2023. The profits fell by -0.34% year on year basis since last quarter.
  • Ratnamani Metals & Tubes Ltd’s dividend was ₹12 in the quarter ending March 2023.

Ratnamani Metals & Tubes Ltd Dividend related ratios:

  • Last dividend date: 10/05/2023
  • Current Dividend Yield: 0.71%
  • Annual dividend payment: ₹21.33

Ratnamani Metals & Tubes Ltd Dividend v/s Ratnamani Metals & Tubes Ltd Share price

History of Ratnamani Metals & Tubes Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
27/07/2023
CASH
₹12
10/05/2023
28/07/2023
01/08/2022
CASH
₹9.33
18/05/2022
03/08/2022
17/09/2021
CASH
₹14
02/06/2021
20/09/2021
17/03/2020
CASH
₹12
05/03/2020
18/03/2020
01/08/2019
CASH
₹9
29/05/2019
03/08/2019
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FAQs

Ratnamani Metals & Tubes Ltd current market price is ₹3,015.90 per share

Ratnamani Metals & Tubes Ltd has declared dividend worth ₹12 in the last year.

Ratnamani Metals & Tubes Ltd has declared dividend worth ₹12 in the latest quarter.

Ratnamani Metals & Tubes Ltd has declared dividend on 10/05/2023 of ₹12.

Ratnamani Metals & Tubes Ltd has declared dividend 1 times of ₹12 in the previous financial year (FY2023-2024)