Reliance Power Ltd Dividend 2024 : Should Reliance Power Ltd be a part of your dividend portfolio?
Reliance Power Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹14,352.64Cr. Its share price is ₹34.28 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Reliance Power Ltd gave ₹1 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 Power Ltd pays dividends to reward its shareholders.
In the quarter ending September 2015, Reliance Power Ltd has declared dividend of ₹1 - translating a dividend yield of 2.92%.
Let's look at Reliance Power Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Reliance Power Ltd’s revenue were ₹5,193.19Cr in the quarter ending September 2024. The revenue grew by 141.01% year on year basis since last quarter.
Reliance Power Ltd’s profits were ₹2,878.15Cr in the quarter ending September 2024. The profits grew by 1310.53% year on year basis since last quarter.
Reliance Power Ltd’s dividend was ₹1 in the quarter ending September 2015.