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Religare Enterprises Limited operates as an investment company in India and internationally. The company provides broking services in equities, currencies, and commodities; depository participant services; tax information network and income tax permanent account number facilities; and tax deduction at source/tax collection at source filing services, as well as operates as an NSDL-appointed enrolment agency for Aadhaar unique identification number and an AMFI-registered mutual fund distributor. It also offers finance for small and medium enterprises; and housing finance, including home-purchase, home construction, and home improvement loans. In addition, the company provides e-governance and financial advisory services; and issues digital signature certificate. Further, it offers health insurance services to employees of corporates, and individual customers. Additionally, the company provides critical illness, personal accident, top-up coverage, international travel, and maternity insurance products, as well as group health and personal accident insurance. Religare Enterprises Limited was incorporated in 1984 and is based in New Delhi, India.

Religare Enterprises Dividend Announcement

Religare Enterprises announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2010-04-18. Ex dividend date: 2010-03-30
Religare Enterprises's trailing twelve-month (TTM) dividend yield is -%

Religare Enterprises Dividend History

Ex-Div dateDividend amountDividend typePay date
2010-03-30₹2.00annually2010-04-18
2008-09-12₹1.10annually2008-10-01

Religare Enterprises Dividend per year

Religare Enterprises Dividend Yield

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

Religare Enterprises Financial Ratios

P/E ratio46.27
PEG ratio0.16
P/B ratio3.71
ROE7.40%
Payout ratio0.00%
Current ratio1.36
Quick ratio1.35
Cash Ratio1.36

Religare Enterprises Dividend FAQ

Does Religare Enterprises stock pay dividends?
Religare Enterprises does not currently pay dividends to its shareholders.
Has Religare Enterprises ever paid a dividend?
No, Religare Enterprises has no a history of paying dividends to its shareholders. Religare Enterprises is not known for its dividend payments.
Why doesn't Religare Enterprises pay dividends?
There are several potential reasons why Religare Enterprises would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Religare Enterprises ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Religare Enterprises has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Religare Enterprises a dividend aristocrat?
Religare Enterprises is not considered a Dividend Aristocrat. 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 Religare Enterprises a dividend king?
Religare Enterprises is not classified as a "Dividend King". 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 Religare Enterprises a dividend stock?
No, Religare Enterprises is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Religare Enterprises stocks?
To buy Religare Enterprises 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Religare Enterprises 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.