Arihant Foundations & Housing Ltd Dividend 2024 : Should Arihant Foundations & Housing Ltd be a part of your dividend portfolio?
Arihant Foundations & Housing Ltd is one of the most popular Real Estate company in the world with a market capitalisation of ₹545.24Cr. Its share price is ₹621.35 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Arihant Foundations & Housing Ltd gave ₹1 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 Arihant Foundations & Housing Ltd pays dividends to reward its shareholders.
In the quarter ending June 2024, Arihant Foundations & Housing Ltd has declared dividend of ₹1 - translating a dividend yield of 0.16%.
Let's look at Arihant Foundations & Housing Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Arihant Foundations & Housing Ltd’s revenue were ₹50.79Cr in the quarter ending September 2024. The revenue grew by 306.32% year on year basis since last quarter.
Arihant Foundations & Housing Ltd’s profits were ₹10.56Cr in the quarter ending September 2024. The profits grew by 810.34% year on year basis since last quarter.
Arihant Foundations & Housing Ltd’s dividend was ₹1 in the quarter ending June 2024.
Arihant Foundations & Housing Ltd Dividend related ratios:
Last dividend date: 06/09/2024
Current Dividend Yield: 0.16%
Annual dividend payment: ₹1
History of Arihant Foundations & Housing Ltd's Dividend payments