LODHA
Macrotech Developers Ltd
₹1,420.45
Macrotech Developers Ltd Dividend 2024 : Should Macrotech Developers Ltd be a part of your dividend portfolio?
Macrotech Developers Ltd is one of the most popular Real Estate company in the world with a market capitalisation of ₹1,40,463.99Cr. Its share price is ₹1,420.45 as on 30 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Macrotech Developers Ltd gave ₹2.25 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Real Estate stocks do not always pay a dividend but as Macrotech Developers Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Macrotech Developers Ltd has declared dividend of ₹2.25 - translating a dividend yield of 0.16%.
Let's look at Macrotech Developers Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Macrotech Developers Ltd’s revenue were ₹2,684.60Cr in the quarter ending September 2024. The revenue grew by 52.96% year on year basis since last quarter.
- Macrotech Developers Ltd’s profits were ₹422.90Cr in the quarter ending September 2024. The profits grew by 109.46% year on year basis since last quarter.
- Macrotech Developers Ltd’s dividend was ₹2.25 in the quarter ending March 2024.
Macrotech Developers Ltd Dividend related ratios:
- Last dividend date: 24/04/2024
- Current Dividend Yield: 0.16%
- Annual dividend payment: ₹2.25
History of Macrotech Developers Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
16/08/2024 | CASH | ₹2.25 | 24/04/2024 | 16/08/2024 |
08/09/2023 | CASH | ₹1 | 22/04/2023 | 08/09/2023 |
