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 ₹15,940.29Cr. Its share price is ₹60.97 as on 22 December,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 4.10%.
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: 4.10%
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
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