The Ramco Cements Limited Stock Dividends
The Ramco Cements Limited Stock Dividends Overview
RAMCOCEM.NS pays dividends yearly. Last paid amount was ₹2.00 at Aug 03, 2023. As of today, dividend yield (TTM) is 0.456%.
Dividend Yield Range
AI Analysis of RAMCOCEM.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 0.456% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹2.00 |
| Next Ex-Dividend Date | Aug 09, 2024 |
| Next Payment Date | Sep 15, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from RAMCOCEM the purchase should be done within the next 34 days.
Here's a simple guide on how to buy RAMCOCEM stock.
RAMCOCEM Dividend Payout History
To ensure a understanding of RAMCOCEM's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Aug 09, 2024 | Aug 09, 2024 | Sep 15, 2024 | ₹2.50 | 0.305% |
| 2 | Aug 03, 2023 | Aug 03, 2023 | Aug 03, 2023 | ₹2.00 | 0.230% |
| 3 | Aug 02, 2023 | Aug 02, 2023 | Aug 02, 2023 | ₹2.00 | 0.226% |
| 4 | Aug 02, 2022 | Aug 02, 2022 | Aug 02, 2022 | ₹3.00 | 0.409% |
| 5 | Mar 22, 2021 | Mar 22, 2021 | Mar 22, 2021 | ₹3.00 | 0.308% |
| 6 | Feb 24, 2020 | Mar 11, 2020 | Mar 16, 2020 | ₹2.50 | 0.401% |
| 7 | May 22, 2019 | Jul 31, 2019 | Sep 07, 2019 | ₹3.00 | 0.426% |
| 8 | May 23, 2018 | Jul 26, 2018 | Sep 02, 2018 | ₹3.00 | 0.435% |
| 9 | May 30, 2017 | Jul 27, 2017 | Sep 04, 2017 | ₹3.00 | 0.431% |
| 10 | Mar 04, 2016 | Mar 18, 2016 | Jun 01, 2016 | ₹3.00 | 0.614% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
RAMCOCEM Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from RAMCOCEM dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in RAMCOCEM stock here.
Comparing RAMCOCEM to Sector and Country
RAMCOCEM.NS pays a solid dividend yield of 0.456%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.252%). RAMCOCEM.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Basic Materials sector in the IN market (3.05%), which means that there are more attractive dividend stocks to consider.
