RMC Switchgears Ltd Dividend 2024 : Should RMC Switchgears Ltd be a part of your dividend portfolio?
RMC Switchgears Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹641.95Cr. Its share price is ₹619 as on 24 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, RMC Switchgears Ltd gave ₹0.20 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Industrials stocks do not always pay a dividend but as RMC Switchgears Ltd pays dividends to reward its shareholders.
In the quarter ending September 2023, RMC Switchgears Ltd has declared dividend of ₹0.20 - translating a dividend yield of 0.03%.
Let's look at RMC Switchgears Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
RMC Switchgears Ltd’s dividend was ₹0.20 in the quarter ending September 2023.