Waaree Renewables Technologies Ltd Dividend 2024 : Should Waaree Renewables Technologies Ltd be a part of your dividend portfolio?
Waaree Renewables Technologies Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹16,860.32Cr. Its share price is ₹1,536.50 as on 11 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Waaree Renewables Technologies Ltd gave ₹2 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Utilities stocks do not always pay a dividend but as Waaree Renewables Technologies Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Waaree Renewables Technologies Ltd has declared dividend of ₹1 - translating a dividend yield of 0.13%.
Let's look at Waaree Renewables Technologies Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Waaree Renewables Technologies Ltd’s revenue were ₹527.87Cr in the quarter ending September 2024. The revenue grew by 249.72% year on year basis since last quarter.
Waaree Renewables Technologies Ltd’s profits were ₹53.54Cr in the quarter ending September 2024. The profits grew by 192.25% year on year basis since last quarter.
Waaree Renewables Technologies Ltd’s dividend was ₹1 in the quarter ending March 2024.
Waaree Renewables Technologies Ltd Dividend related ratios:
Last dividend date: 10/05/2024
Current Dividend Yield: 0.13%
Annual dividend payment: ₹2
History of Waaree Renewables Technologies Ltd's Dividend payments