RITES
Rites Ltd
₹221.40
Rites Ltd Dividend 2024 : Should Rites Ltd be a part of your dividend portfolio?
Rites Ltd is one of the most popular Real Estate company in the world with a market capitalisation of ₹10,244.07Cr. Its share price is ₹221.40 as on 20 February,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Rites Ltd gave ₹15.90 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Real Estate stocks do not always pay a dividend but as Rites Ltd pays dividends to reward its shareholders.
- In the quarter ending December 2024, Rites Ltd has declared dividend of ₹1.90 - translating a dividend yield of 7.18%.
Let's look at Rites Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Rites Ltd’s revenue were ₹619.45Cr in the quarter ending December 2024. The revenuefell by -11.72% year on year basis since last quarter.
- Rites Ltd’s profits were ₹100.09Cr in the quarter ending December 2024. The profits fell by -16.69% year on year basis since last quarter.
- Rites Ltd’s dividend was ₹1.90 in the quarter ending December 2024.
Rites Ltd Dividend related ratios:
- Last dividend date: 28/01/2025
- Current Dividend Yield: 7.18%
- Annual dividend payment: ₹15.90
History of Rites Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
31/01/2025 | CASH | ₹1.90 | 28/01/2025 | 01/02/2025 |
14/11/2024 | CASH | ₹1.75 | 06/11/2024 | 15/11/2024 |
08/08/2024 | CASH | ₹2.50 | 31/07/2024 | 08/08/2024 |
20/09/2024 | CASH | ₹5 | 28/05/2024 | 20/09/2024 |
09/02/2024 | CASH | ₹4.75 | 01/02/2024 | 09/02/2024 |
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Rites Ltd Dividend v/s Rites Ltd Share price
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FAQs
What is current market price of Rites Ltd (as on 20/02/2025)?
Rites Ltd current market price is ₹221.40 per share
What is the dividend declared by Rites Ltd in the last year?
Rites Ltd has declared dividend worth ₹11.15 in the last year.
What is the latest dividend declared by Rites Ltd?
Rites Ltd has declared dividend worth ₹1.90 in the latest quarter.
When was the latest dividend declared by Rites Ltd?
Rites Ltd has declared dividend on 28/01/2025 of ₹1.90.
How many times did Rites Ltd declare dividend in the current financial year?
Rites Ltd has declared dividend 4 times of ₹11.15 in the current financial year (FY2024-2025)
How many times did Rites Ltd declare dividend in the previous financial year?
Rites Ltd has declared dividend 4 times of ₹19 in the previous financial year (FY2023-2024)