Aster DM Healthcare Ltd Dividend 2024 : Should Aster DM Healthcare Ltd be a part of your dividend portfolio?
Aster DM Healthcare Ltd is one of the most popular Healthcare company in the world with a market capitalisation of ₹21,653.89Cr. Its share price is ₹428.15 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Aster DM Healthcare Ltd gave ₹120 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Healthcare stocks do not always pay a dividend but as Aster DM Healthcare Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Aster DM Healthcare Ltd has declared dividend of ₹2 - translating a dividend yield of 28.03%.
Let's look at Aster DM Healthcare Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Aster DM Healthcare Ltd’s revenue were ₹1,121.68Cr in the quarter ending September 2024. The revenue grew by 20.2% year on year basis since last quarter.
Aster DM Healthcare Ltd’s profits were ₹96.84Cr in the quarter ending September 2024. The profits grew by 414.52% year on year basis since last quarter.
Aster DM Healthcare Ltd’s dividend was ₹2 in the quarter ending March 2024.
Aster DM Healthcare Ltd Dividend related ratios:
Last dividend date: 28/05/2024
Current Dividend Yield: 28.03%
Annual dividend payment: ₹120
History of Aster DM Healthcare Ltd's Dividend payments