Rail Vikas Nigam Limited engages in the construction of rail infrastructure projects in India. It undertakes rail project development and implementation, as well as provides financial resources mobilization services. The company executes various railway projects, including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, bridges, construction of cable stayed bridges, institution buildings, etc. It serves Indian Railways, various central and state government ministries, departments, and public sector undertakings. Rail Vikas Nigam Limited was incorporated in 2003 and is based in New Delhi, India.
Rail Vikas Nigam Dividend Announcement
• Rail Vikas Nigam announced a semi annually dividend of ₹2.11 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-23 • Rail Vikas Nigam annual dividend for 2024 was ₹2.11 • Rail Vikas Nigam annual dividend for 2023 was ₹2.13 • Rail Vikas Nigam's trailing twelve-month (TTM) dividend yield is 0.47%
Rail Vikas Nigam current trailing twelve-month (TTM) dividend yield is 0.47%. Interested in purchasing Rail Vikas Nigam stock? Use our calculator to estimate your expected dividend yield:
Rail Vikas Nigam Financial Ratios
P/E ratio63.92
PEG ratio-11.91
P/B ratio10.64
ROE17.48%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
Rail Vikas Nigam Dividend FAQ
How much is the next Rail Vikas Nigam dividend?
Rail Vikas Nigam's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Rail Vikas Nigam dividend. The next Rail Vikas Nigam dividend will be released in April, or September.
When is Rail Vikas Nigam dividend paid?
Rail Vikas Nigam pays dividends on a semi annually basis. The specific dates may vary each year but are generally around April, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Rail Vikas Nigam pay?
The specific amount of Rail Vikas Nigam dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Rail Vikas Nigam's dividend history.
Does Rail Vikas Nigam stock pay dividends?
Yes, Rail Vikas Nigam does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Rail Vikas Nigam's dividend history.
How much dividend does Rail Vikas Nigam pay?
Rail Vikas Nigam paid ₹2.11 in 2024, ₹2.13 in 2023, ₹1.83 in 2022, ₹1.58 in 2021, and ₹1.14 in 2020.
How often does Rail Vikas Nigam pay dividends?
Rail Vikas Nigam typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around April, and September.
What is Rail Vikas Nigam's dividend yield?
The current dividend yield for Rail Vikas Nigam is 0.47%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Rail Vikas Nigam's exact dividend yield.
When does Rail Vikas Nigam go ex dividend?
Rail Vikas Nigam's ex-dividend date for the latest dividend was on 2024-09-23. Rail Vikas Nigam typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Rail Vikas Nigam dividend paid?
Rail Vikas Nigam pays dividends on a semi annually basis, typically around April, or September, but the exact dates can vary each year.
Will Rail Vikas Nigam increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Rail Vikas Nigam will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Rail Vikas Nigam dividend per share?
Rail Vikas Nigam paid ₹2.11 per share in 2024 and ₹2.13 per share in 2023. The amount of dividend per share that Rail Vikas Nigam pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Rail Vikas Nigam a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Rail Vikas Nigam a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Rail Vikas Nigam a dividend stock?
Yes, Rail Vikas Nigam is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Rail Vikas Nigam a good dividend stock?
Whether Rail Vikas Nigam is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Rail Vikas Nigam has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Rail Vikas Nigam as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Rail Vikas Nigam pay dividends monthly?
Rail Vikas Nigam typically pays dividends on a semi annually basis.
Does Rail Vikas Nigam pay dividends quarterly?
Rail Vikas Nigam currently pays dividends on a semi annually basis.
Has Rail Vikas Nigam ever paid a dividend?
Yes, Rail Vikas Nigam has a history of paying dividends to its shareholders. Rail Vikas Nigam is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Rail Vikas Nigam dividend stocks?
To buy Rail Vikas Nigam you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Rail Vikas Nigam stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Rail Vikas Nigam pay dividends 2024?
Rail Vikas Nigam pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-30. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Rail Vikas Nigam increase its dividend in 2024?
Decisions regarding Rail Vikas Nigam dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Rail Vikas Nigam dividend overview you can look into the above table of dividend history.
How Rail Vikas Nigam dividend works?
The Rail Vikas Nigam dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Rail Vikas Nigam's dividend process works:
1. Determination of Dividend: Rail Vikas Nigam's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Rail Vikas Nigam publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Rail Vikas Nigam distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Rail Vikas Nigam are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Rail Vikas Nigam dividends paid?
Rail Vikas Nigam dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Rail Vikas Nigam sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Rail Vikas Nigam distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Rail Vikas Nigam declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Rail Vikas Nigam pay dividends?
Rail Vikas Nigam typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Rail Vikas Nigam pay dividends?
The general pattern is that Rail Vikas Nigam pays dividends around April, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Rail Vikas Nigam dividend safe?
The safety of Rail Vikas Nigam's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Rail Vikas Nigam's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Rail Vikas Nigam's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.