RECLTD
REC Ltd
₹607.45
REC Ltd Dividend 2024 : Should REC Ltd be a part of your dividend portfolio?
REC Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹1,59,955.19Cr. Its share price is ₹607.45 as on 8 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, REC Ltd gave ₹16.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Financial Services stocks do not always pay a dividend but as REC Ltd pays dividends to reward its shareholders.
- In the quarter ending June 2024, REC Ltd has declared dividend of ₹3.50 - translating a dividend yield of 2.72%.
Let's look at REC Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- REC Ltd’s revenue were ₹13,092.44Cr in the quarter ending June 2024. The revenue grew by 17.86% year on year basis since last quarter.
- REC Ltd’s profits were ₹3,460.19Cr in the quarter ending June 2024. The profits grew by 16.58% year on year basis since last quarter.
- REC Ltd’s dividend was ₹3.50 in the quarter ending June 2024.
REC Ltd Dividend related ratios:
- Last dividend date: 27/07/2024
- Current Dividend Yield: 2.72%
- Annual dividend payment: ₹16.50
History of REC Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
09/08/2024 | CASH | ₹3.50 | 27/07/2024 | 09/08/2024 |
28/06/2024 | CASH | ₹5 | 30/04/2024 | 28/06/2024 |
28/03/2024 | CASH | ₹4.50 | 19/03/2024 | 28/03/2024 |
13/11/2023 | CASH | ₹3.50 | 01/11/2023 | 13/11/2023 |
14/08/2023 | CASH | ₹3 | 26/07/2023 | 14/08/2023 |
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