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 26 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Shrem InvIT gave ₹8.98 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 June 2024, Shrem InvIT has declared dividend of ₹5.29 - translating a dividend yield of 7.61%.
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 ₹566.77Cr in the quarter ending June 2024. The revenue grew by 17.98% year on year basis since last quarter.
- Shrem InvIT’s profits were ₹313.19Cr in the quarter ending June 2024. The profits grew by 35.04% year on year basis since last quarter.
- Shrem InvIT’s dividend was ₹5.29 in the quarter ending June 2024.
Shrem InvIT Dividend related ratios:
- Last dividend date: 22/07/2024
- Current Dividend Yield: 7.61%
- Annual dividend payment: ₹8.98
History of Shrem InvIT's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
30/07/2024 | CASH | ₹5.29 | 22/07/2024 | 30/07/2024 |
16/05/2024 | CASH | ₹3.69 | 08/05/2024 | 16/05/2024 |
29/10/2021 | CASH | ₹4.01 | 26/10/2021 | 01/11/2021 |
