Riddhiorate Services (BOM:540590) Dividend Payout Ratio : 0.36 (As of Dec. 2023)

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What is Riddhiorate Services Dividend Payout Ratio?

Riddhiorate Services's dividend payout ratio for the months ended in Dec. 2023 was 0.36.

The historical rank and industry rank for Riddhiorate Services's Dividend Payout Ratio or its related term are showing as below:

BOM:540590' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.09
Current: 0.09

During the past 7 years, the highest Dividend Payout Ratio of Riddhiorate Services was 0.09. The lowest was 0.02. And the median was 0.04.

BOM:540590's Dividend Payout Ratio is ranked better than
95.76% of 519 companies
in the Business Services industry
Industry Median: 0.4 vs BOM:540590: 0.09

As of today (2024-05-25), the Dividend Yield % of Riddhiorate Services is 0.52%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Riddhiorate Services was 0.52%. The lowest was 0.09%. And the median was 0.12%.

Riddhiorate Services's Dividends per Share for the months ended in Dec. 2023 was ₹0.49.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Riddhiorate Services Dividend Payout Ratio Historical Data

The historical data trend for Riddhiorate Services's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Riddhiorate Services Dividend Payout Ratio Chart

Riddhiorate Services Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Dividend Payout Ratio

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0.02

0.06

Riddhiorate Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	-	0.36

Competitive Comparison of Riddhiorate Services's Dividend Payout Ratio

For the Specialty Business Services subindustry, Riddhiorate Services's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Riddhiorate Services's Dividend Payout Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Riddhiorate Services's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Riddhiorate Services's Dividend Payout Ratio falls into.

Riddhiorate Services Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Riddhiorate Services's Dividend Payout Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2023 )	/	EPS without NRI (A: Mar. 2023 )
	=	0.49	/	7.904
	=	0.06

Riddhiorate Services's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.49	/	1.35
	=	0.36

Riddhiorate Services (BOM:540590) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Riddhiorate Services Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Riddhiorate Services's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Riddhiorate Services (BOM:540590) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Riddhi Corporate Services Ltd (BOM:540590) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ashram Road, 10, Mill Officers Colony, Behind Old RBI, Opposite Times Of India, Ahmedabad, GJ, IND, 380009

Website

https://www.riddhicorporate.co.in

Riddhi Corporate Services Ltd is engaged in data processing, hosting, and related activities. Its other activities include document management and digitization, contact centre, warehousing, address verification, data entry services, and software development. The company serves Telecom, Banking, NBFC, and IT sectors.

Riddhiorate Services (BOM:540590) Headlines

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