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SHREMINVIT

Shrem InvIT

₹118

Shrem InvIT Dividend 2024 : Should Shrem InvIT be a part of your dividend portfolio?

Shrem InvIT is one of the most popular Real Estate company in the world with a market capitalisation of ₹6,782.24Cr. Its share price is ₹118 as on 18 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Shrem InvIT gave ₹3.69 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 Shrem InvIT pays dividends to reward its shareholders.
  • In the quarter ending March 2024, Shrem InvIT has declared dividend of ₹3.69 - translating a dividend yield of 3.13%.

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

  • Shrem InvIT’s revenue were ₹549.26Cr in the quarter ending March 2024. The revenue grew by 32.95% year on year basis since last quarter.
  • Shrem InvIT’s profits were ₹268.71Cr in the quarter ending March 2024. The profits grew by 213.15% year on year basis since last quarter.
  • Shrem InvIT’s dividend was ₹3.69 in the quarter ending March 2024.

Shrem InvIT Dividend related ratios:

  • Last dividend date: 08/05/2024
  • Current Dividend Yield: 3.13%
  • Annual dividend payment: ₹3.69

Shrem InvIT Dividend v/s Shrem InvIT Share price

History of Shrem InvIT's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
16/05/2024
CASH
₹3.69
08/05/2024
16/05/2024
29/10/2021
CASH
₹4.01
26/10/2021
01/11/2021

FAQs

Shrem InvIT current market price is ₹118 per share

Shrem InvIT has declared dividend worth ₹3.69 in the last year.

Shrem InvIT has declared dividend worth ₹3.69 in the latest quarter.

Shrem InvIT has declared dividend on 08/05/2024 of ₹3.69.

Shrem InvIT has declared dividend 1 times of ₹3.69 in the current financial year (FY2024-2025)