RIR Power Electronics Ltd Dividend 2024 : Should RIR Power Electronics Ltd be a part of your dividend portfolio?
RIR Power Electronics Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹3,088.39Cr. Its share price is ₹3,987.90 as on 4 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, RIR Power Electronics Ltd gave ₹3.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Cyclical stocks do not always pay a dividend but as RIR Power Electronics Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, RIR Power Electronics Ltd has declared dividend of ₹2 - translating a dividend yield of 0.09%.
Let's look at RIR Power Electronics Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
RIR Power Electronics Ltd’s revenue were ₹21.44Cr in the quarter ending June 2024. The revenue grew by 47.46% year on year basis since last quarter.
RIR Power Electronics Ltd’s profits were ₹2.28Cr in the quarter ending June 2024. The profits grew by 67.65% year on year basis since last quarter.
RIR Power Electronics Ltd’s dividend was ₹2 in the quarter ending March 2024.
RIR Power Electronics Ltd Dividend related ratios:
Last dividend date: 24/05/2024
Current Dividend Yield: 0.09%
Annual dividend payment: ₹3.50
History of RIR Power Electronics Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
23/09/2024
CASH
₹2
24/05/2024
24/09/2024
22/09/2023
CASH
₹1.50
26/05/2023
23/09/2023
21/09/2022
CASH
₹1
27/05/2022
22/09/2022
17/09/2019
CASH
₹1
16/05/2019
19/09/2019
RIR Power Electronics Ltd Dividend v/s RIR Power Electronics Ltd Share price
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