AVANTEL

Avantel Ltd

₹139.80

Avantel Ltd Dividend 2024 : Should Avantel Ltd be a part of your dividend portfolio?

Avantel Ltd is one of the most popular Communication Services company in the world with a market capitalisation of ₹3,423.10Cr. Its share price is ₹139.80 as on 20 January,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Avantel Ltd gave ₹1.20 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

Communication Services stocks do not always pay a dividend but as Avantel Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Avantel Ltd has declared dividend of ₹0.20 - translating a dividend yield of 0.86%.

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

Avantel Ltd’s revenue were ₹71.19Cr in the quarter ending December 2024. The revenue grew by 19.29% year on year basis since last quarter.
Avantel Ltd’s profits were ₹20.08Cr in the quarter ending December 2024. The profits grew by 23.04% year on year basis since last quarter.
Avantel Ltd’s dividend was ₹0.20 in the quarter ending March 2024.

Avantel Ltd Dividend related ratios:

Last dividend date: 25/04/2024
Current Dividend Yield: 0.86%
Annual dividend payment: ₹1.20

History of Avantel Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
22/05/2024	CASH	₹0.20	25/04/2024	23/05/2024
16/06/2023	CASH	₹1	17/05/2023	16/06/2023
18/05/2022	CASH	₹4	06/05/2022	19/05/2022
27/05/2021	CASH	₹4	24/04/2021	29/05/2021
17/06/2020	CASH	₹2	09/05/2020	18/06/2020