The historical rank and industry rank for REC's 3-Year Dividend Growth Rate or its related term are showing as below:
BOM:532955'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -1.4 Med: 16.7 Max: 27.3
Current: 23
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of REC was 27.30% per year. The lowest was -1.40% per year. And the median was 16.70% per year.
BOM:532955's 3-Year Dividend Growth Rate is ranked better than 74.05% of 131
companies
in the Credit Services industry
Industry Median: 9.4
vs BOM:532955: 23.00
During the past 12 months, REC's average Dividends Per Share Growth Rate was 29.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 23.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 10.70% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 13.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
REC Ltd stock dividend yield is close to 10-year low.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of REC's 3-Year Dividend Growth Rate
For the Credit Services subindustry, REC's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
REC's 3-Year Dividend Growth Rate Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, REC's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where REC's 3-Year Dividend Growth Rate falls into.
REC 3-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest Dividend Payout Ratio of REC was 0.45. The lowest was 0.18. And the median was 0.28.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
REC Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 4.500000
2024-03-28
2024-03-28
2024-04-16
Cash Dividend
quarterly
INR:INR 1.000000
INR 3.500000
2023-11-13
2023-11-13
2023-11-30
Cash Dividend
quarterly
INR:INR 1.000000
INR 3.000000
2023-08-14
2023-08-14
2023-08-24
Cash Dividend
quarterly
INR:INR 1.000000
INR 4.350000
2023-07-14
2023-07-14
2023-10-05
Cash Dividend
quarterly
INR:INR 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
REC's Dividend Yield (%) for Today is calculated as
Current Share Price is ₹517.90.
REC's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹15.35.
During the past 13 years, the highest Dividend Yield of REC was 15.14%. The lowest was 2.75%. And the median was 9.12%.
Warning Sign:
REC Ltd stock dividend yield is close to 10-year low.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
REC Ltd is a nonbanking financial company operating in India. The company's main objective is to finance and promote power sector projects on the subcontinent. REC provides loan assistance to numerous state power utilities, private sector project developers, central power sector utilities, and state governments. REC investments include power generation, power transmission, power distribution, and other system improvement initiatives. REC is also instrumental in implementing several initiatives spearheaded on behalf of the government of India, including rural electrification. The majority of its revenue derives from long-term financing.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:532955 has been successfully added to your