Reliance Infrastructure Ltd Dividend 2024 : Should Reliance Infrastructure Ltd be a part of your dividend portfolio?
Reliance Infrastructure Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹10,208.30Cr. Its share price is ₹257.50 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Reliance Infrastructure Ltd gave ₹9.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Utilities stocks do not always pay a dividend but as Reliance Infrastructure Ltd pays dividends to reward its shareholders.
In the quarter ending March 2018, Reliance Infrastructure Ltd has declared dividend of ₹9.50 - translating a dividend yield of 3.69%.
Let's look at Reliance Infrastructure Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Reliance Infrastructure Ltd’s revenue were ₹11,002.20Cr in the quarter ending September 2024. The revenue grew by 49.21% year on year basis since last quarter.
Reliance Infrastructure Ltd’s profits were ₹4,082.53Cr in the quarter ending September 2024. The profits grew by 1488.33% year on year basis since last quarter.
Reliance Infrastructure Ltd’s dividend was ₹9.50 in the quarter ending March 2018.
Reliance Infrastructure Ltd Dividend related ratios:
Last dividend date: 23/04/2018
Current Dividend Yield: 3.69%
Annual dividend payment: ₹9.50
History of Reliance Infrastructure Ltd's Dividend payments