Equitas Holdings Ltd Dividend 2024 : Should Equitas Holdings Ltd be a part of your dividend portfolio?
Equitas Holdings Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹4,098.06Cr. Its share price is ₹120.30 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Equitas Holdings Ltd gave ₹3 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Financial Services stocks do not always pay a dividend but as Equitas Holdings Ltd pays dividends to reward its shareholders.
In the quarter ending December 2020, Equitas Holdings Ltd has declared dividend of ₹2 - translating a dividend yield of 2.49%.
Let's look at Equitas Holdings Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Equitas Holdings Ltd’s revenue were ₹1,146.62Cr in the quarter ending September 2022. The revenue grew by 14.78% year on year basis since last quarter.
Equitas Holdings Ltd’s profits were ₹70.93Cr in the quarter ending September 2022. The profits grew by 97.3% year on year basis since last quarter.
Equitas Holdings Ltd’s dividend was ₹2 in the quarter ending December 2020.
Equitas Holdings Ltd Dividend related ratios:
Last dividend date: 05/02/2021
Current Dividend Yield: 2.49%
Annual dividend payment: ₹3
History of Equitas Holdings Ltd's Dividend payments