BHINVIT
Bharat Highways InvIT
₹112.11
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 ₹4,951.61Cr. Its share price is ₹112.11 as on 16 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Bharat Highways InvIT gave ₹6 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 June 2024, Bharat Highways InvIT has declared dividend of ₹3 - translating a dividend yield of 5.35%.
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 ₹111.08Cr in the quarter ending June 2024. The profits grew by 65441.18% year on year basis since last quarter.
- Bharat Highways InvIT’s dividend was ₹3 in the quarter ending June 2024.
Bharat Highways InvIT Dividend related ratios:
- Last dividend date: 13/08/2024
- Current Dividend Yield: 5.35%
- Annual dividend payment: ₹6
History of Bharat Highways InvIT's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
16/08/2024 | CASH | ₹3 | 13/08/2024 | 16/08/2024 |
31/05/2024 | CASH | ₹3 | 28/05/2024 | 31/05/2024 |
