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RECLTD

REC Ltd

₹537.70

REC Ltd Dividend 2024 : Should REC Ltd be a part of your dividend portfolio?

REC Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹1,46,631.08Cr. Its share price is ₹537.70 as on 4 October,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, REC Ltd gave ₹16.50 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Financial Services stocks do not always pay a dividend but as REC Ltd pays dividends to reward its shareholders.
  • In the quarter ending June 2024, REC Ltd has declared dividend of ₹3.50 - translating a dividend yield of 3.07%.

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

  • REC Ltd’s revenue were ₹13,092.44Cr in the quarter ending June 2024. The revenue grew by 17.86% year on year basis since last quarter.
  • REC Ltd’s profits were ₹3,460.19Cr in the quarter ending June 2024. The profits grew by 16.58% year on year basis since last quarter.
  • REC Ltd’s dividend was ₹3.50 in the quarter ending June 2024.

REC Ltd Dividend related ratios:

  • Last dividend date: 27/07/2024
  • Current Dividend Yield: 3.07%
  • Annual dividend payment: ₹16.50

History of REC Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
09/08/2024
CASH
₹3.50
27/07/2024
09/08/2024
28/06/2024
CASH
₹5
30/04/2024
28/06/2024
28/03/2024
CASH
₹4.50
19/03/2024
28/03/2024
13/11/2023
CASH
₹3.50
01/11/2023
13/11/2023
14/08/2023
CASH
₹3
26/07/2023
14/08/2023
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REC Ltd Dividend v/s REC Ltd Share price

FAQs

REC Ltd current market price is ₹537.70 per share

REC Ltd has declared dividend worth ₹16.50 in the last year.

REC Ltd has declared dividend worth ₹3.50 in the latest quarter.

REC Ltd has declared dividend on 27/07/2024 of ₹3.50.

REC Ltd has declared dividend 2 times of ₹8.50 in the current financial year (FY2024-2025)

REC Ltd has declared dividend 4 times of ₹15.35 in the previous financial year (FY2023-2024)