RITES
Rites Ltd
₹675.20
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 ₹16,627.69Cr. Its share price is ₹675.20 as on 25 July,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 3.70%.
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 ₹670.01Cr in the quarter ending March 2024. The revenuefell by -5.05% year on year basis since last quarter.
- Rites Ltd’s profits were ₹126.10Cr in the quarter ending March 2024. The profits fell by -4.48% 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: 3.70%
- Annual dividend payment: ₹25
History of Rites Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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 |
View More
