RITES's dividends per share for the
three
months ended in Mar. 2024 was ₹4.75. Its dividends per share for the trailing twelve months (TTM) ended in Mar. 2024 was ₹19.00. Its Dividend Payout Ratio for the
three
months ended in Mar. 2024 was 0.91. As of today, RITES's Dividend Yield % is 2.94%.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of RITES Ltd is 1.31, which seems too high.
Warning Sign:
RITES Ltd stock dividend yield is close to 5-year low.
During the past 12 months, RITES's average Dividends Per Share Growth Rate was 5.60% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 8.20% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 15.50% 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.
During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of RITES was 26.70% per year. The lowest was 8.20% per year. And the median was 10.90% per year.
For more information regarding to dividend, please check our Dividend Page.
RITES Dividends per Share Historical Data
The historical data trend for RITES's Dividends per Share can be seen below:
* 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.
Competitive Comparison of RITES's Dividends per Share
For the Engineering & Construction subindustry, RITES's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.
RITES's Dividend Yield % Distribution in the Construction Industry
For the Construction industry and Industrials sector, RITES's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where RITES's Dividend Yield % falls into.
RITES Dividends per Share Calculation
Dividends paid to per common share.
RITES (BOM:541556) Dividends per Share Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
RITES's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as
During the past 12 years, the highest Dividend Payout Ratio of RITES was 1.31. The lowest was 0.45. And the median was 0.79.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of RITES Ltd is 1.31, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
RITES Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 4.750000
2024-02-09
2024-02-09
0000-00-00
Cash Dividend
quarterly
INR:INR 1.000000
INR 4.500000
2023-11-08
2023-11-08
0000-00-00
Cash Dividend
quarterly
INR:INR 1.000000
INR 6.000000
2023-09-08
2023-09-09
2023-10-09
Cash Dividend
quarterly
INR:INR 1.000000
INR 3.750000
2023-08-07
2023-08-07
2023-08-22
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.
RITES's Dividend Yield (%) for Today is calculated as
Current Share Price is ₹646.65.
RITES's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹19.
During the past 12 years, the highest Dividend Yield of RITES was 8.30%. The lowest was 0.68%. And the median was 5.12%.
Warning Sign:
RITES Ltd stock dividend yield is close to 5-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.
RITES Dividends per Share Related Terms
Thank you for viewing the detailed overview of RITES's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
RITES Ltd is a multi-disciplinary consultancy organization. The company's operating segment includes Consultancy Services, Leasing of railway rolling stock and equipment, Export of rolling stock, equipment and spares, Turnkey Construction Projects, and Power Generation. The firm generates a majority of its revenue from Consultancy services. The firm operates in various sectors such as airports, highways, bridge and tunnel engineering, and industrial engineering among others. Geographically, it derives a majority of revenue from India.
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