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RAMCOCEM

The Ramco Cements Ltd

₹772.30

The Ramco Cements Ltd Dividend 2024 : Should The Ramco Cements Ltd be a part of your dividend portfolio?

The Ramco Cements Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹18,247.68Cr. Its share price is ₹772.30 as on 5 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, The Ramco Cements Ltd gave ₹5 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Basic Materials stocks do not always pay a dividend but as The Ramco Cements Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, The Ramco Cements Ltd has declared dividend of ₹2 - translating a dividend yield of 0.65%.

Let's look at The Ramco Cements Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • The Ramco Cements Ltd’s revenue were ₹2,117.39Cr in the quarter ending December 2023. The revenue grew by 4.8% year on year basis since last quarter.
  • The Ramco Cements Ltd’s profits were ₹84.48Cr in the quarter ending December 2023. The profits grew by 63.85% year on year basis since last quarter.
  • The Ramco Cements Ltd’s dividend was ₹2 in the quarter ending March 2023.

The Ramco Cements Ltd Dividend related ratios:

  • Last dividend date: 18/05/2023
  • Current Dividend Yield: 0.65%
  • Annual dividend payment: ₹5

The Ramco Cements Ltd Dividend v/s The Ramco Cements Ltd Share price

History of The Ramco Cements Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
03/08/2023
CASH
₹2
18/05/2023
03/08/2023
02/08/2022
CASH
₹3
23/05/2022
03/08/2022
22/03/2021
CASH
₹3
12/03/2021
23/03/2021
11/03/2020
CASH
₹2.50
03/03/2020
12/03/2020
31/07/2019
CASH
₹3
22/05/2019
01/08/2019
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FAQs

The Ramco Cements Ltd current market price is ₹772.30 per share

The Ramco Cements Ltd has declared dividend worth ₹2 in the last year.

The Ramco Cements Ltd has declared dividend worth ₹2 in the latest quarter.

The Ramco Cements Ltd has declared dividend on 18/05/2023 of ₹2.

The Ramco Cements Ltd has declared dividend 1 times of ₹2 in the previous financial year (FY2023-2024)