ARIHANTACA
Arihant Academy Ltd
₹201
Arihant Academy Ltd Dividend 2024 : Should Arihant Academy Ltd be a part of your dividend portfolio?
Arihant Academy Ltd is one of the most popular Education company in the world with a market capitalisation of ₹121.71Cr. Its share price is ₹201 as on 24 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Arihant Academy Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Education stocks do not always pay a dividend but as Arihant Academy Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Arihant Academy Ltd has declared dividend of ₹1 - translating a dividend yield of 0.50%.
Let's look at Arihant Academy Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Arihant Academy Ltd’s revenue were ₹11.23Cr in the quarter ending September 2024. The revenuefell by -49.89% year on year basis since last quarter.
- Arihant Academy Ltd’s profits were ₹1.53Cr in the quarter ending September 2024. The profits fell by -34.05% year on year basis since last quarter.
- Arihant Academy Ltd’s dividend was ₹1 in the quarter ending March 2024.
Arihant Academy Ltd Dividend related ratios:
- Last dividend date: 28/05/2024
- Current Dividend Yield: 0.50%
- Annual dividend payment: ₹1
History of Arihant Academy Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
05/09/2024 | CASH | ₹1 | 28/05/2024 | 05/09/2024 |
