Has Rites declared dividend?
Yes, Rites Ltd. has declared a 19% dividend, amounting to ₹1.9 per share, with an ex-date of January 31, 2025. The company has shown strong total returns over various periods, particularly in the long term.
Rites Ltd. has declared a 19% dividend.Dividend Details:
- Percentage announced: 19%
- Amount per share: 1.9
- Ex-date: Jan-31-2025
Dividend Yield: 2.78%.
Total Returns by Period:
In the last 6 months, Rites Ltd. experienced a price return of 1.4%, a dividend return of 0.63%, resulting in a total return of 2.03%.
Over the past year, the company had a price return of -7.17%, a dividend return of 2.55%, leading to a total return of -4.62%.
In the 2-year period, Rites Ltd. achieved a significant price return of 56.76%, with a dividend return of 13.97%, culminating in a total return of 70.73%.
For the 3-year period, the company reported an impressive price return of 146.18%, alongside a dividend return of 39.21%, resulting in a total return of 185.39%.
Over the last 4 years, Rites Ltd. had a price return of 140.65% and a dividend return of 45.57%, which combined for a total return of 186.22%.
In the 5-year span, the company saw a price return of 144.47% and a dividend return of 58.24%, leading to a total return of 202.71%.
Overall, Rites Ltd. has declared a substantial dividend while also demonstrating strong total returns over various periods, particularly in the longer terms, indicating a positive performance trajectory.
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