Rainbow Childrens Medicare Ltd Dividend 2024 : Should Rainbow Childrens Medicare Ltd be a part of your dividend portfolio?
Rainbow Childrens Medicare Ltd is one of the most popular Healthcare company in the world with a market capitalisation of ₹16,014.70Cr. Its share price is ₹1,573.80 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Rainbow Childrens Medicare Ltd gave ₹3 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 Rainbow Childrens Medicare Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Rainbow Childrens Medicare Ltd has declared dividend of ₹3 - translating a dividend yield of 0.19%.
Let's look at Rainbow Childrens Medicare Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Rainbow Childrens Medicare Ltd’s revenue were ₹428.73Cr in the quarter ending September 2024. The revenue grew by 25.91% year on year basis since last quarter.
- Rainbow Childrens Medicare Ltd’s profits were ₹78.87Cr in the quarter ending September 2024. The profits grew by 25.37% year on year basis since last quarter.
- Rainbow Childrens Medicare Ltd’s dividend was ₹3 in the quarter ending March 2024.
Rainbow Childrens Medicare Ltd Dividend related ratios:
- Last dividend date: 19/05/2024
- Current Dividend Yield: 0.19%
- Annual dividend payment: ₹3