Rane Brake Lining Ltd supports investor confidence with Final Dividend announcement for 2024
4.29%
Div. Yield
57.57%
Payout Rat.
Rane Brake Lining Ltd has announced an Final Dividend of ₹30.00 per share for the year 2024. Investors must hold shares before July 14, 2024 to be eligible for the dividend, in accordance with the ex-dividend date rules. With the stock currently priced at ₹1049.40, this payout reflects the company's strong financial health.
Previously, Rane Brake Lining Ltd paid a Dividend of ₹25.00 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 57.57% demonstrates its strategy to reward shareholders while balancing growth. The dividend yield of 4.29% demonstrates the return on investment in relation to the price of shares.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 2.86% |
| 2023 | 2.78% |
| 2022 | 3.05% |
| 2021 | 2.29% |
| 2020 | 1.06% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| July 14, 2024 | ₹30.00 | Final Dividend | ₹1049.4 |
| July 16, 2023 | ₹25.00 | Dividend | ₹898.1 |
| June 19, 2022 | ₹20.00 | Dividend | ₹655.7 |
| July 15, 2021 | ₹25.00 | Final Dividend | ₹1090.95 |
| July 27, 2020 | ₹11.00 | Final Dividend | ₹556.55 |
| February 2, 2020 | ₹6.00 | Interim Dividend | ₹567.65 |
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 Brake Lining Ltd has declared dividend worth ₹30.00
Rane Brake Lining Ltd has declared dividend on July 14, 2024
As of February 17, 2025, the dividend yield for Rane Brake Lining Ltd is 4.29%
The most recent dividend payment for Rane Brake Lining Ltd was ₹30.00 per share.
The current dividend payout ratio for Rane Brake Lining Ltd is 57.57%
