Raymond Ltd supports investor confidence with Final Dividend announcement for 2024
0.73%
Div. Yield
4.06%
Payout Rat.
Raymond Ltd has announced an Final Dividend of ₹10.00 per share for the year 2024. Investors must hold shares before June 12, 2024 to be eligible for the dividend, in accordance with the ex-dividend date rules. With the stock currently priced at ₹2547.25, this payout reflects the company's strong financial health.
Previously, Raymond Ltd paid a Final Dividend of ₹3.00 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 4.06% demonstrates its strategy to reward shareholders while balancing growth. The dividend yield of 0.73% demonstrates the return on investment in relation to the price of shares.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 0.39% |
| 2023 | 0.18% |
| 2022 | 0.33% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| June 12, 2024 | ₹10.00 | Final Dividend | ₹2547.25 |
| June 22, 2023 | ₹3.00 | Final Dividend | ₹1673.25 |
| June 29, 2022 | ₹3.00 | Final Dividend | ₹907.7 |
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
Raymond Ltd has declared dividend worth ₹10.00
Raymond Ltd has declared dividend on June 12, 2024
As of February 17, 2025, the dividend yield for Raymond Ltd is 0.73%
The most recent dividend payment for Raymond Ltd was ₹10.00 per share.
The current dividend payout ratio for Raymond Ltd is 4.06%
