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REC Limited, a public financial institution, provides financing services for power generation, transmission, and distribution projects in India. It primarily offers term-loan, medium-term loan, and short-terms loan. The company also acts as a nodal agency for the implementation of Pradhan Mantri Sahaj Bijli Har Ghar Yojana for universal household electrification, Deen Dayal Upadhyaya Gram Jyoti Yojana, National Electricity Fund, Outage Management System, and 11kv Rural Feeder Monitoring Scheme, as well as acts as the bid process coordinator for selection of transmission service provider through tariff based competitive bidding process for independent inter-state and intra-state transmission projects; and provides implementation and consultancy services in power sector. It serves central/state government power utilities, as well as private sector power utilities. The company was formerly known as Rural Electrification Corporation Limited and changed its name to REC Limited in October 2018. REC Limited was incorporated in 1969 and is based in Gurugram, India. REC Limited is a subsidiary of Power Finance Corporation Limited.

REC Dividend Announcement

REC announced a quarterly dividend of ₹3.50 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-08-09
REC annual dividend for 2024 was ₹13.00
REC annual dividend for 2023 was ₹14.10
REC's trailing twelve-month (TTM) dividend yield is 3.01%
REC's payout ratio for the trailing twelve months (TTM) is 6.76%
REC's dividend growth over the last five years (2018-2023) was 9.03% year
REC's dividend growth over the last ten years (2013-2023) was 5.51% year

REC Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-09₹3.50quarterly2024-08-23
2024-06-28₹5.00quarterly2024-09-19
2024-03-28₹4.50quarterly
2023-11-13₹3.50quarterly2023-11-30
2023-08-14₹3.00quarterly2023-08-24
2023-07-14₹4.35quarterly2023-10-06
2023-02-09₹3.25quarterly2023-02-28
2022-11-07₹5.00quarterly2022-11-24
2022-07-12₹4.80quarterly2022-10-13
2022-02-15₹6.00quarterly2022-03-03
2021-11-11₹2.50quarterly2021-11-25
2021-09-16₹1.71quarterly2021-10-21
2021-08-13₹2.00quarterly2021-09-02
2021-03-18₹5.00quarterly2021-03-30
2020-11-13₹6.00quarterly2020-12-06
2020-02-11₹11.00quarterly2020-02-24
2019-03-11₹11.00quarterly2019-03-19
2018-09-17₹1.75quarterly2018-10-15
2018-02-15₹7.40quarterly2018-02-27
2017-09-14₹2.65quarterly2017-10-09
2017-02-27₹7.00quarterly2017-03-06
2016-08-22₹5.10quarterly2016-10-04
2016-02-17₹12.00quarterly2016-02-25
2015-09-09₹2.70quarterly2015-10-07
2015-02-18₹8.00quarterly2015-02-27
2014-09-02₹1.75quarterly2014-10-01
2014-02-20₹7.75quarterly2014-02-28
2013-08-28₹1.50quarterly2013-09-27
2013-02-08₹6.75quarterly2013-02-18

REC Dividend per year

REC Dividend growth

REC Dividend Yield

REC current trailing twelve-month (TTM) dividend yield is 3.01%. Interested in purchasing REC stock? Use our calculator to estimate your expected dividend yield:

REC Financial Ratios

P/E ratio9.85
PEG ratio1.39
P/B ratio1.99
ROE21.68%
Payout ratio6.76%
Current ratio39.87
Quick ratio39.87
Cash Ratio39.87

REC Dividend FAQ

How much is the next REC dividend?
REC's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next REC dividend. The next REC dividend will be released in February, July, August, or November.
When is REC dividend paid?
REC pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, July, August, and November. 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 REC pay?
The specific amount of REC 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 REC's dividend history.
Does REC stock pay dividends?
Yes, REC 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 REC's dividend history.
How much dividend does REC pay?
REC paid ₹13.0 in 2024, ₹14.1 in 2023, ₹15.8 in 2022, ₹11.21 in 2021, and ₹17.0 in 2020.
How often does REC pay dividends?
REC typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, July, August, and November.
What is REC's dividend yield?
The current dividend yield for REC is 3.01%. 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 REC's exact dividend yield.
When does REC go ex dividend?
REC's ex-dividend date for the latest dividend was on 2024-08-09. REC 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 REC dividend paid?
REC pays dividends on a quarterly basis, typically around February, July, August, or November, but the exact dates can vary each year.
Will REC 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 REC 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 REC dividend per share?
REC paid ₹13.0 per share in 2024 and ₹14.1 per share in 2023. The amount of dividend per share that REC 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 REC 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 REC 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 REC a dividend stock?
Yes, REC is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is REC a good dividend stock?
Whether REC is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. REC has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating REC 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 REC pay dividends monthly?
REC typically pays dividends on a quarterly basis.
Does REC pay dividends quarterly?
REC currently pays dividends on a quarterly basis.
Has REC ever paid a dividend?
Yes, REC has a history of paying dividends to its shareholders. REC is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy REC dividend stocks?
To buy REC 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 REC 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 REC pay dividends 2024?
REC pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-23. 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 REC increase its dividend in 2024?
Decisions regarding REC 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 REC dividend overview you can look into the above table of dividend history.
How REC dividend works?
The REC 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 REC's dividend process works:

1. Determination of Dividend: REC'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, REC 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, REC 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 REC 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 REC dividends paid?
REC dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: REC 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, REC distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: REC 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 REC pay dividends?
REC typically pays dividends on a quarterly 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 REC pay dividends?
The general pattern is that REC pays dividends around February, July, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is REC dividend safe?
The safety of REC'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 REC'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 REC'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.