AVANTEL
Avantel Ltd
₹160.24
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 ₹3,905.69Cr. Its share price is ₹160.24 as on 21 December,2024.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 0.75%.
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 ₹77.91Cr in the quarter ending September 2024. The revenue grew by 42.35% year on year basis since last quarter.
- Avantel Ltd’s profits were ₹22.90Cr in the quarter ending September 2024. The profits grew by 42.5% 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: 0.75%
- 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 |
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