Rane Engine Valve Ltd supports investor confidence with Final Dividend announcement for 2024
1.71%
Div. Yield
31.54%
Payout Rat.
Rane Engine Valve Ltd has announced an Final Dividend of ₹5.00 per share for the year 2024. Investors must hold shares before July 15, 2024 to be eligible for the dividend, in accordance with the ex-dividend date rules. With the stock currently priced at ₹429.15, this payout reflects the company's strong financial health.
Previously, Rane Engine Valve Ltd paid a Final Dividend of ₹5.00 per share in 2024. Investors can expect the upcoming payout if they meet the ex-dividend date requirement. The company’s dividend payout ratio of 31.54% demonstrates its strategy to reward shareholders while balancing growth. The dividend yield of 1.71% demonstrates the return on investment in relation to the price of shares.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 1.17% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| July 15, 2024 | ₹5.00 | Final Dividend | ₹429.15 |
Dividend Stars
| Stock Name | Median Yield | Current Yield |
|---|---|---|
 Oracle Financial Services Software Ltd NSE: OFSS | 5.41% | 4.03% |
 Indian Oil Corporation Ltd NSE: IOC | 3.81% | 4.84% |
 Cesc Ltd NSE: CESC | 3.08% | 3.93% |
 Gail India Ltd NSE: GAIL | 3.02% | 5.25% |
 Bajaj Auto Ltd NSE: BAJAJ-AUTO | 2.97% | 2.32% |
FAQs
Rane Engine Valve Ltd has declared dividend worth ₹5.00
Rane Engine Valve Ltd has declared dividend on July 15, 2024
As of February 17, 2025, the dividend yield for Rane Engine Valve Ltd is 1.71%
The most recent dividend payment for Rane Engine Valve Ltd was ₹5.00 per share.
The current dividend payout ratio for Rane Engine Valve Ltd is 31.54%
