BHINVIT
Bharat Highways InvIT
₹114
Bharat Highways InvIT Dividend 2024 : Should Bharat Highways InvIT be a part of your dividend portfolio?
Bharat Highways InvIT is one of the most popular Infrastructure Investment Trusts company in the world with a market capitalisation of ₹5,040.64Cr. Its share price is ₹114 as on 23 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Bharat Highways InvIT gave ₹8.20 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Infrastructure Investment Trusts stocks do not always pay a dividend but as Bharat Highways InvIT pays dividends to reward its shareholders.
- In the quarter ending September 2024, Bharat Highways InvIT has declared dividend of ₹2.20 - translating a dividend yield of 7.19%.
Let's look at Bharat Highways InvIT’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Bharat Highways InvIT’s profits were ₹104.32Cr in the quarter ending September 2024. The profits grew by 55005.26% year on year basis since last quarter.
- Bharat Highways InvIT’s dividend was ₹2.20 in the quarter ending September 2024.
Bharat Highways InvIT Dividend related ratios:
- Last dividend date: 06/11/2024
- Current Dividend Yield: 7.19%
- Annual dividend payment: ₹8.20
History of Bharat Highways InvIT's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
08/11/2024 | CASH | ₹2.20 | 06/11/2024 | 08/11/2024 |
16/08/2024 | CASH | ₹3 | 13/08/2024 | 16/08/2024 |
31/05/2024 | CASH | ₹3 | 28/05/2024 | 31/05/2024 |
