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 2 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Shrem InvIT gave ₹4.01 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 September 2021, Shrem InvIT has declared dividend of ₹4.01 - translating a dividend yield of 3.40%.
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 ₹545.22Cr in the quarter ending December 2023. The revenue grew by 25.98% year on year basis since last quarter.
- Shrem InvIT’s profits were ₹289.93Cr in the quarter ending December 2023. The profits grew by 47.98% year on year basis since last quarter.
- Shrem InvIT’s dividend was ₹4.01 in the quarter ending September 2021.
Shrem InvIT Dividend related ratios:
- Last dividend date: 26/10/2021
- Current Dividend Yield: 3.40%
- Annual dividend payment: ₹4.01
History of Shrem InvIT's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
29/10/2021 | CASH | ₹4.01 | 26/10/2021 | 01/11/2021 |
