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RITES

Rites Ltd

₹750

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

Rites Ltd is one of the most popular Real Estate company in the world with a market capitalisation of ₹17,590.10Cr. Its share price is ₹750 as on 23 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Rites Ltd gave ₹25 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Real Estate stocks do not always pay a dividend but as Rites Ltd pays dividends to reward its shareholders.
  • In the quarter ending December 2023, Rites Ltd has declared dividend of ₹4.75 - translating a dividend yield of 3.33%.

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

  • Rites Ltd’s revenue were ₹701.66Cr in the quarter ending December 2023. The revenuefell by -0.38% year on year basis since last quarter.
  • Rites Ltd’s profits were ₹120.14Cr in the quarter ending December 2023. The profits fell by -14.24% year on year basis since last quarter.
  • Rites Ltd’s dividend was ₹4.75 in the quarter ending December 2023.

Rites Ltd Dividend related ratios:

  • Last dividend date: 01/02/2024
  • Current Dividend Yield: 3.33%
  • Annual dividend payment: ₹25

Rites Ltd Dividend v/s Rites Ltd Share price

History of Rites Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
09/02/2024
CASH
₹4.75
01/02/2024
09/02/2024
08/11/2023
CASH
₹4.50
31/10/2023
08/11/2023
07/08/2023
CASH
₹3.75
28/07/2023
07/08/2023
08/09/2023
CASH
₹6
18/05/2023
09/09/2023
17/02/2023
CASH
₹6
09/02/2023
17/02/2023
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FAQs

Rites Ltd current market price is ₹750 per share

Rites Ltd has declared dividend worth ₹13 in the last year.

Rites Ltd has declared dividend worth ₹4.75 in the latest quarter.

Rites Ltd has declared dividend on 01/02/2024 of ₹4.75.

Rites Ltd has declared dividend 4 times of ₹19 in the previous financial year (FY2023-2024)