IFCI
IFCI Ltd
₹59.22
IFCI Ltd Dividend 2024 : Should IFCI Ltd be a part of your dividend portfolio?
IFCI Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹15,799.16Cr. Its share price is ₹59.22 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, IFCI Ltd gave ₹2.50 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 IFCI Ltd pays dividends to reward its shareholders.
- In the quarter ending December 2015, IFCI Ltd has declared dividend of ₹1 - translating a dividend yield of 4.22%.
Let's look at IFCI Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- IFCI Ltd’s revenue were ₹785.80Cr in the quarter ending September 2024. The revenue grew by 28.39% year on year basis since last quarter.
- IFCI Ltd’s profits were ₹82.62Cr in the quarter ending September 2024. The profits fell by -14.12% year on year basis since last quarter.
- IFCI Ltd’s dividend was ₹1 in the quarter ending December 2015.
IFCI Ltd Dividend related ratios:
- Last dividend date: 12/02/2016
- Current Dividend Yield: 4.22%
- Annual dividend payment: ₹2.50
History of IFCI Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
17/02/2016 | CASH | ₹1 | 12/02/2016 | 20/02/2016 |
11/09/2015 | CASH | ₹0.50 | 26/05/2015 | 15/09/2015 |
02/03/2015 | CASH | ₹1 | 25/02/2015 | 03/03/2015 |
