Reliance Infrastructure Ltd Dividend 2024 : Should Reliance Infrastructure Ltd be a part of your dividend portfolio?
Reliance Infrastructure Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹10,887.67Cr. Its share price is ₹274.30 as on 11 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Reliance Infrastructure Ltd gave ₹9.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Utilities stocks do not always pay a dividend but as Reliance Infrastructure Ltd pays dividends to reward its shareholders.
In the quarter ending March 2018, Reliance Infrastructure Ltd has declared dividend of ₹9.50 - translating a dividend yield of 3.46%.
Let's look at Reliance Infrastructure Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Reliance Infrastructure Ltd’s revenue were ₹7,256.21Cr in the quarter ending June 2024. The revenue grew by 16.43% year on year basis since last quarter.
Reliance Infrastructure Ltd’s profits were ₹-233.74Cr in the quarter ending June 2024. The profits grew by 65.26% year on year basis since last quarter.
Reliance Infrastructure Ltd’s dividend was ₹9.50 in the quarter ending March 2018.
Reliance Infrastructure Ltd Dividend related ratios:
Last dividend date: 23/04/2018
Current Dividend Yield: 3.46%
Annual dividend payment: ₹9.50
History of Reliance Infrastructure Ltd's Dividend payments