Reliance Industries Ltd supports investor confidence with Final Dividend announcement for 2024
0.41%
Div. Yield
9.72%
Payout Rat.
Reliance Industries Ltd has announced an Final Dividend of ₹10.00 per share for the year 2024. Investors must hold shares before August 18, 2024 to be eligible for the dividend, in accordance with the ex-dividend date rules. With the stock currently priced at ₹2956.40, this payout reflects the company's strong financial health.
Previously, Reliance Industries Ltd paid a Final Dividend of ₹9.00 per share in 2023. Investors can expect the upcoming payout if they meet the ex-dividend date requirement. The company’s dividend payout ratio of 9.72% demonstrates its strategy to reward shareholders while balancing growth. The dividend yield of 0.41% demonstrates the return on investment in relation to the price of shares.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 0.34% |
| 2023 | 0.35% |
| 2022 | 0.30% |
| 2021 | 0.32% |
| 2020 | 0.37% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| August 18, 2024 | ₹10.00 | Final Dividend | ₹2956.4 |
| August 20, 2023 | ₹9.00 | Final Dividend | ₹2556.8 |
| August 17, 2022 | ₹8.00 | Final Dividend | ₹2665.15 |
| June 10, 2021 | ₹7.00 | Final Dividend | ₹2183 |
| July 1, 2020 | ₹6.50 | Dividend | ₹1737.6 |
Dividend Stars
| Stock Name | Median Yield | Current Yield |
|---|---|---|
 Oracle Financial Services Software Ltd NSE: OFSS | 5.42% | 3.32% |
 Indian Oil Corporation Ltd NSE: IOC | 3.88% | 8.57% |
 Hindustan Petroleum Corporation Ltd NSE: HINDPETRO | 3.60% | 5.44% |
 Nmdc Ltd NSE: NMDC | 3.55% | 3.76% |
 Gail India Ltd NSE: GAIL | 3.34% | 3.58% |
FAQs
Reliance Industries Ltd has declared dividend worth ₹10.00
Reliance Industries Ltd has declared dividend on August 18, 2024
As of February 17, 2025, the dividend yield for Reliance Industries Ltd is 0.41%
The most recent dividend payment for Reliance Industries Ltd was ₹10.00 per share.
The current dividend payout ratio for Reliance Industries Ltd is 9.72%