Religare Enterprises Ltd Dividend 2023 : Should Religare Enterprises Ltd be a part of your dividend portfolio?
Religare Enterprises Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹8,415.21Cr. Its share price is ₹263.55 as on 21 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Religare Enterprises Ltd gave ₹2 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 Religare Enterprises Ltd pays dividends to reward its shareholders.
In the quarter ending December 2009, Religare Enterprises Ltd has declared dividend of ₹2 - translating a dividend yield of 0.76%.
Let's look at Religare Enterprises Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Religare Enterprises Ltd’s revenue were ₹1,302.46Cr in the quarter ending June 2023. The revenue grew by 23.92% year on year basis since last quarter.
Religare Enterprises Ltd’s profits were ₹62.96Cr in the quarter ending June 2023. The profits grew by 182.85% year on year basis since last quarter.
Religare Enterprises Ltd’s dividend was ₹2 in the quarter ending December 2009.
Religare Enterprises Ltd Dividend related ratios:
Last dividend date: 19/03/2010
Current Dividend Yield: 0.76%
Annual dividend payment: ₹2
History of Religare Enterprises Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
30/03/2010
CASH
₹2
19/03/2010
01/04/2010
12/09/2008
CASH
₹1.10
26/06/2008
16/09/2008
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