Reliance Industries Limited engages in hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, textile, retail, digital, and financial services businesses worldwide. The company produces and markets petroleum products, such as liquefied petroleum gas, propylene, naphtha, gasoline, jet/aviation turbine fuel, kerosene oil, diesel, Sulphur, and petroleum coke. It also provides petrochemicals, including high-density and low-density polyethylene (PE), linear low density PE, polyester fibers and yarns, polypropylene, polyvinyl chloride, polyester yarn, purified terephthalic acid, ethylene glycols and oxide, paraxylene, ortho xylene, benzene, linear alkyl benzene and paraffin, poly butadiene rubber, styrene butadiene rubber, butyl rubber, and polyethylene terephthalate. In addition, the company manufactures and markets yarns, fabrics, apparel, and auto furnishings; explores, develops, and produces crude oil and natural gas; and operates various stores comprising neighborhood, supermarket, hypermarket, wholesale cash and carry, specialty, online, pharmacy, and grocery stores, as well as stores that offer apparel, beauty and cosmetics, accessories, footwear, consumer electronics, connectivity products, and others. As of March 31, 2021, it operated 12,711 retail stores. Further, it provides range of digital services under the Jio brand name; and non-banking financial and insurance broking services. Further, it operates news and entertainment platforms, finance portals, fashion and lifestyle portals, and online ticket booking platforms, as well as Network18 and television channels; publishes magazines; and offers highway hospitality and fleet management services. The company was incorporated in 1973 and is based in Mumbai, India.
Reliance Industries Dividend Announcement
• Reliance Industries announced a semi annually dividend of $0.24 per ordinary share which will be made payable on 2024-08-16. Ex dividend date: 2024-08-19
• Reliance Industries annual dividend for 2024 was $0.24
• Reliance Industries annual dividend for 2023 was $4.36
• Reliance Industries's dividend growth over the last five years (2018-2023) was 89.68% year
• Reliance Industries's dividend growth over the last ten years (2013-2023) was 29.79% year
Reliance Industries Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-19 | $0.24 | semi annually | 2024-08-16 |
| 2023-08-17 | $0.22 | semi annually | 2023-09-14 |
| 2023-07-19 | $4.14 | semi annually | 2023-09-25 |
| 2022-08-17 | $0.21 | semi annually | 2022-09-23 |
| 2021-06-10 | $0.19 | semi annually | 2021-07-22 |
| 2020-07-01 | $0.17 | semi annually | 2020-08-03 |
| 2020-06-12 | $0.33 | semi annually | |
| 2019-08-01 | $0.18 | semi annually | 2019-08-30 |
| 2018-06-26 | $0.18 | semi annually | 2018-07-26 |
| 2017-07-12 | $0.34 | semi annually | 2017-08-18 |
| 2016-03-16 | $0.31 | semi annually | |
| 2015-05-07 | $0.32 | semi annually | |
| 2014-05-14 | $0.32 | semi annually | |
| 2013-05-08 | $0.32 | semi annually |
Reliance Industries Dividend per year
Reliance Industries Dividend growth
Reliance Industries Dividend Yield
Reliance Industries current trailing twelve-month (TTM) dividend yield is 0.0%. Interested in purchasing Reliance Industries stock? Use our calculator to estimate your expected dividend yield:
Reliance Industries Financial Ratios
P/E ratio24.97
PEG ratio0.86
P/B ratio2.07
ROE8.62%
Payout ratio0.00%
Current ratio1.08
Quick ratio0.72
Cash Ratio0.20
Reliance Industries Dividend FAQ
How much is the next Reliance Industries dividend?
Reliance Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Reliance Industries dividend. The next Reliance Industries dividend will be released in July, or August.
When is Reliance Industries dividend paid?
Reliance Industries pays dividends on a semi annually basis. The specific dates may vary each year but are generally around July, and August. 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 Reliance Industries pay?
The specific amount of Reliance Industries 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 Reliance Industries's dividend history.
Does Reliance Industries stock pay dividends?
Yes, Reliance Industries 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 Reliance Industries's dividend history.
How much dividend does Reliance Industries pay?
Reliance Industries paid $0.238 in 2024, $4.355 in 2023, $0.21 in 2022, $0.188 in 2021, and $0.504 in 2020.
How often does Reliance Industries pay dividends?
Reliance Industries 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 July, and August.
What is Reliance Industries's dividend yield?
The current dividend yield for Reliance Industries is 0.0%. 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 Reliance Industries's exact dividend yield.
When does Reliance Industries go ex dividend?
Reliance Industries's ex-dividend date for the latest dividend was on 2024-08-19. Reliance Industries 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 Reliance Industries dividend paid?
Reliance Industries pays dividends on a semi annually basis, typically around July, or August, but the exact dates can vary each year.
Will Reliance Industries 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 Reliance Industries 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 Reliance Industries dividend per share?
Reliance Industries paid $0.238 per share in 2024 and $4.355 per share in 2023. The amount of dividend per share that Reliance Industries 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 Reliance Industries 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 Reliance Industries 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 Reliance Industries a dividend stock?
Yes, Reliance Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Reliance Industries a good dividend stock?
Whether Reliance Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Reliance Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Reliance Industries 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.
Other factors to consider when evaluating Reliance Industries 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 Reliance Industries pay dividends monthly?
Reliance Industries typically pays dividends on a semi annually basis.
Does Reliance Industries pay dividends quarterly?
Reliance Industries currently pays dividends on a semi annually basis.
Has Reliance Industries ever paid a dividend?
Yes, Reliance Industries has a history of paying dividends to its shareholders. Reliance Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Reliance Industries dividend stocks?
To buy Reliance Industries 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 Reliance Industries 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.
Place an order: Use the brokerage's trading platform to place an order to buy Reliance Industries 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 Reliance Industries pay dividends 2024?
Reliance Industries pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-16. 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 Reliance Industries increase its dividend in 2024?
Decisions regarding Reliance Industries 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 Reliance Industries dividend overview you can look into the above table of dividend history.
How Reliance Industries dividend works?
The Reliance Industries 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 Reliance Industries's dividend process works:
1. Determination of Dividend: Reliance Industries'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, Reliance Industries 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, Reliance Industries 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 Reliance Industries 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.
1. Determination of Dividend: Reliance Industries'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, Reliance Industries 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, Reliance Industries 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 Reliance Industries 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 Reliance Industries dividends paid?
Reliance Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Reliance Industries 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, Reliance Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Reliance Industries 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.
1. Record Date: Reliance Industries 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, Reliance Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Reliance Industries 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 Reliance Industries pay dividends?
Reliance Industries 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 Reliance Industries pay dividends?
The general pattern is that Reliance Industries pays dividends around July, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Reliance Industries dividend safe?
The safety of Reliance Industries'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 Reliance Industries'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 Reliance Industries'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.
To assess the safety of Reliance Industries'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 Reliance Industries'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.