Rmc Switchgears Ltd supports investor confidence with Interim Dividend announcement for 2023
0.03%
Div. Yield
1.38%
Payout Rat.
Rmc Switchgears Ltd has announced an Interim Dividend of ₹0.20 per share for the year 2023. Investors must hold shares before November 20, 2023 to be eligible for the dividend, in accordance with the ex-dividend date rules. With the stock currently priced at ₹580.00, this payout reflects the company's strong financial health.
Previously, Rmc Switchgears Ltd paid a Interim Dividend of ₹0.20 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 1.38% demonstrates its strategy to reward shareholders while balancing growth. The dividend yield of 0.03% demonstrates the return on investment in relation to the price of shares.
Dividend Yield History
| Year | Yield |
|---|---|
| 2023 | 0.03% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| November 20, 2023 | ₹0.20 | Interim Dividend | ₹580 |
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
Rmc Switchgears Ltd has declared dividend worth ₹0.20
Rmc Switchgears Ltd has declared dividend on November 20, 2023
As of February 17, 2025, the dividend yield for Rmc Switchgears Ltd is 0.03%
The most recent dividend payment for Rmc Switchgears Ltd was ₹0.20 per share.
The current dividend payout ratio for Rmc Switchgears Ltd is 1.38%
