RITES
Rites Ltd
₹273.65
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 ₹13,202.19Cr. Its share price is ₹273.65 as on 22 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Rites Ltd gave ₹14 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 September 2024, Rites Ltd has declared dividend of ₹1.75 - translating a dividend yield of 5.12%.
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 ₹563.23Cr in the quarter ending September 2024. The revenuefell by -7.71% year on year basis since last quarter.
- Rites Ltd’s profits were ₹72.98Cr in the quarter ending September 2024. The profits fell by -27.85% year on year basis since last quarter.
- Rites Ltd’s dividend was ₹1.75 in the quarter ending September 2024.
Rites Ltd Dividend related ratios:
- Last dividend date: 06/11/2024
- Current Dividend Yield: 5.12%
- Annual dividend payment: ₹14
History of Rites Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
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 |
08/11/2023 | CASH | ₹4.50 | 31/10/2023 | 08/11/2023 |
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