Reliance Industrial Infrastructure Ltd supports investor confidence with Final Dividend announcement for 2024
0.42%
Div. Yield
51.76%
Payout Rat.
Reliance Industrial Infrastructure Ltd has announced an Final Dividend of ₹3.50 per share for the year 2024. Investors must hold shares before June 4, 2024 to be eligible for the dividend, in accordance with the ex-dividend date rules. With the stock currently priced at ₹1071.80, this payout reflects the company's strong financial health.
Previously, Reliance Industrial Infrastructure Ltd paid a Dividend of ₹3.50 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 51.76% demonstrates its strategy to reward shareholders while balancing growth. The dividend yield of 0.42% demonstrates the return on investment in relation to the price of shares.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 0.33% |
| 2023 | 0.37% |
| 2022 | 0.25% |
| 2021 | 0.46% |
| 2020 | 0.77% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| June 4, 2024 | ₹3.50 | Final Dividend | ₹1071.8 |
| June 11, 2023 | ₹3.50 | Dividend | ₹941.6 |
| September 19, 2022 | ₹3.00 | Dividend | ₹1180.1 |
| August 17, 2021 | ₹3.00 | Dividend | ₹648.35 |
| September 9, 2020 | ₹3.00 | Dividend | ₹390.15 |
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 Industrial Infrastructure Ltd has declared dividend worth ₹3.50
Reliance Industrial Infrastructure Ltd has declared dividend on June 4, 2024
As of February 17, 2025, the dividend yield for Reliance Industrial Infrastructure Ltd is 0.42%
The most recent dividend payment for Reliance Industrial Infrastructure Ltd was ₹3.50 per share.
The current dividend payout ratio for Reliance Industrial Infrastructure Ltd is 51.76%