520073
RACL Geartech Ltd
₹830
RACL Geartech Ltd Dividend 2024 : Should RACL Geartech Ltd be a part of your dividend portfolio?
RACL Geartech Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹900.53Cr. Its share price is ₹830 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, RACL Geartech Ltd gave ₹1.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Consumer Cyclical stocks do not always pay a dividend but as RACL Geartech Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, RACL Geartech Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.18%.
Let's look at RACL Geartech Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- RACL Geartech Ltd’s revenue were ₹110.33Cr in the quarter ending September 2024. The revenue grew by 6.97% year on year basis since last quarter.
- RACL Geartech Ltd’s profits were ₹6.54Cr in the quarter ending September 2024. The profits fell by -35.95% year on year basis since last quarter.
- RACL Geartech Ltd’s dividend was ₹1.50 in the quarter ending March 2024.
RACL Geartech Ltd Dividend related ratios:
- Last dividend date: 27/05/2024
- Current Dividend Yield: 0.18%
- Annual dividend payment: ₹1.50
History of RACL Geartech Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
04/09/2024 | CASH | ₹1.50 | 27/05/2024 | 04/09/2024 |
12/09/2023 | CASH | ₹1.50 | 22/05/2023 | 12/09/2023 |
19/08/2022 | CASH | ₹1 | 27/05/2022 | 22/08/2022 |
24/02/2021 | CASH | ₹1 | 13/02/2021 | 25/02/2021 |
22/11/2019 | CASH | ₹1 | 11/11/2019 | 25/11/2019 |
