RAJMET

Rajnandini Metal Ltd

₹8.88

Rajnandini Metal Ltd Dividend 2024 : Should Rajnandini Metal Ltd be a part of your dividend portfolio?

Rajnandini Metal Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹245.51Cr. Its share price is ₹8.88 as on 25 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Rajnandini Metal Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

Industrials stocks do not always pay a dividend but as Rajnandini Metal Ltd pays dividends to reward its shareholders.
In the quarter ending June 2022, Rajnandini Metal Ltd has declared dividend of ₹1 - translating a dividend yield of 11.26%.

Let's look at Rajnandini Metal Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

Rajnandini Metal Ltd’s revenue were ₹279.14Cr in the quarter ending September 2024. The revenuefell by -16.44% year on year basis since last quarter.
Rajnandini Metal Ltd’s profits were ₹-1.22Cr in the quarter ending September 2024. The profits fell by -118.77% year on year basis since last quarter.
Rajnandini Metal Ltd’s dividend was ₹1 in the quarter ending June 2022.

Rajnandini Metal Ltd Dividend related ratios: