Fortis Malar Hospitals Ltd Dividend 2024 : Should Fortis Malar Hospitals Ltd be a part of your dividend portfolio?
Fortis Malar Hospitals Ltd is one of the most popular Healthcare company in the world with a market capitalisation of ₹110.73Cr. Its share price is ₹58.90 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Fortis Malar Hospitals Ltd gave ₹42.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Healthcare stocks do not always pay a dividend but as Fortis Malar Hospitals Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Fortis Malar Hospitals Ltd has declared dividend of ₹2.50 - translating a dividend yield of 72.16%.
Let's look at Fortis Malar Hospitals Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Fortis Malar Hospitals Ltd’s revenue were ₹0.56Cr in the quarter ending September 2024. The revenuefell by -97.26% year on year basis since last quarter.
Fortis Malar Hospitals Ltd’s profits were ₹0.09Cr in the quarter ending September 2024. The profits grew by 105.03% year on year basis since last quarter.
Fortis Malar Hospitals Ltd’s dividend was ₹2.50 in the quarter ending March 2024.
Fortis Malar Hospitals Ltd Dividend related ratios:
Last dividend date: 17/05/2024
Current Dividend Yield: 72.16%
Annual dividend payment: ₹42.50
History of Fortis Malar Hospitals Ltd's Dividend payments