Fortis Malar Hospitals Limited showcases promising Final Dividend announcement in 2024
73.29%
Div. Yield
175.93%
Payout Rat.
Fortis Malar Hospitals Limited has declared an Final Dividend for the year 2024, amounting to ₹2.50 per share. With shares priced at ₹65.66, the dividend offers a return to shareholders. July 23, 2024 marks the ex-dividend date, and only shareholders holding shares before this date will be eligible to receive the dividend.
This payout follows the company’s Interim Dividend of ₹40.00 per share issued in 2024. The dividend payout ratio of 175.93% reflects the proportion of profits allocated to dividends. Fortis Malar Hospitals Limited's 73.29% dividend yield represents returns relative to the stock price, providing shareholders with consistent income potential.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 37.06% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| July 23, 2024 | ₹2.50 | Final Dividend | ₹65.66 |
| April 22, 2024 | ₹40.00 | Interim Dividend | ₹107.94 |
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
Fortis Malar Hospitals Limited has declared dividend worth ₹2.50
Fortis Malar Hospitals Limited has declared dividend on July 23, 2024
As of February 17, 2025, the dividend yield for Fortis Malar Hospitals Limited is 73.29%
The most recent dividend payment for Fortis Malar Hospitals Limited was ₹2.50 per share.
The current dividend payout ratio for Fortis Malar Hospitals Limited is 175.93%
