SHREMINVIT
Shrem InvIT
₹118
Shrem InvIT Dividend 2024 : Should Shrem InvIT be a part of your dividend portfolio?
Shrem InvIT is one of the most popular Real Estate company in the world with a market capitalisation of ₹7,207.96Cr. Its share price is ₹118 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Shrem InvIT gave ₹19.92 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 Shrem InvIT pays dividends to reward its shareholders.
- In the quarter ending September 2024, Shrem InvIT has declared dividend of ₹3.50 - translating a dividend yield of 16.88%.
Let's look at Shrem InvIT’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Shrem InvIT’s revenue were ₹511.33Cr in the quarter ending September 2024. The revenue grew by 11.05% year on year basis since last quarter.
- Shrem InvIT’s profits were ₹272.73Cr in the quarter ending September 2024. The profits grew by 7.55% year on year basis since last quarter.
- Shrem InvIT’s dividend was ₹3.50 in the quarter ending September 2024.
Shrem InvIT Dividend related ratios:
- Last dividend date: 23/10/2024
- Current Dividend Yield: 16.88%
- Annual dividend payment: ₹19.92
History of Shrem InvIT's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
25/10/2024 | CASH | ₹3.50 | 23/10/2024 | 26/10/2024 |
30/07/2024 | CASH | ₹5.29 | 22/07/2024 | 30/07/2024 |
16/05/2024 | CASH | ₹3.69 | 08/05/2024 | 16/05/2024 |
31/01/2024 | CASH | ₹5.10 | 23/01/2024 | 31/01/2024 |
31/10/2023 | CASH | ₹2.34 | 26/10/2023 | 31/10/2023 |
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