Ramkrishna Forgings Limited Stock Dividends
Ramkrishna Forgings Limited Stock Dividends Overview
RKFORGE.NS pays dividends biannually. Last paid amount was ₹1.00 at Jun 01, 2024. As of today, dividend yield (TTM) is 0.309%.
Dividend Yield Range
AI Analysis of RKFORGE.NS
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 0.309% |
|---|---|
| Frequency | Biannually |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | ₹1.00 |
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Ramkrishna Forgings Limited has not yet announced its next dividend date. Last payment date was: Jun 01, 2024.
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RKFORGE Dividend Payout History
To ensure a understanding of RKFORGE'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 | May 10, 2024 | May 10, 2024 | Jun 01, 2024 | ₹1.00 | 0.150% |
| 2 | Oct 30, 2023 | Oct 30, 2023 | Oct 30, 2023 | ₹1.00 | 0.158% |
| 3 | May 09, 2023 | May 09, 2023 | May 09, 2023 | ₹0.500 | 0.147% |
| 4 | Jan 31, 2023 | Jan 31, 2023 | Jan 31, 2023 | ₹0.500 | 0.182% |
| 5 | Nov 01, 2022 | Nov 01, 2022 | Nov 01, 2022 | ₹0.500 | 0.212% |
| 6 | Sep 08, 2022 | Sep 08, 2022 | Sep 08, 2022 | ₹0.200 | 0.0981% |
| 7 | Jul 28, 2022 | Jul 28, 2022 | Jul 28, 2022 | ₹0.500 | 0.279% |
| 8 | Jan 28, 2022 | Jan 28, 2022 | Jan 28, 2022 | ₹0.100 | 0.0532% |
| 9 | Oct 21, 2021 | Oct 21, 2021 | Oct 21, 2021 | ₹0.100 | 0.0413% |
| 10 | Aug 05, 2021 | Aug 05, 2021 | Aug 05, 2021 | ₹0.100 | 0.0539% |
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
RKFORGE Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from RKFORGE 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 RKFORGE stock here.
Comparing RKFORGE to Sector and Country
RKFORGE.NS pays a solid dividend yield of 0.309%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.167%). RKFORGE.NS’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the IN market (2.59%), which means that there are more attractive dividend stocks to consider.
