RKEC Projects Ltd Dividend 2024 : Should RKEC Projects Ltd be a part of your dividend portfolio?
RKEC Projects Ltd is one of the most popular Real Estate company in the world with a market capitalisation of ₹221.43Cr. Its share price is ₹93.35 as on 26 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, RKEC Projects Ltd gave ₹1.20 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 RKEC Projects Ltd pays dividends to reward its shareholders.
In the quarter ending June 2021, RKEC Projects Ltd has declared dividend of ₹1.20 - translating a dividend yield of 1.29%.
Let's look at RKEC Projects Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
RKEC Projects Ltd’s revenue were ₹106.13Cr in the quarter ending December 2023. The revenuefell by -7.79% year on year basis since last quarter.
RKEC Projects Ltd’s profits were ₹10.68Cr in the quarter ending December 2023. The profits grew by 0.38% year on year basis since last quarter.
RKEC Projects Ltd’s dividend was ₹1.20 in the quarter ending June 2021.