Reliance Industries (RELIANCE.NS) Dividends
Market Cap: $17.62T
Avg Volume: 11.60M
Industry: Oil & Gas Refining & Marketing
Sector: Energy
Dividend Overview
Reliance Industries (RELIANCE.NS) pays a dividend to its shareholders. Here are the key details:
Dividend Basics
- Annual Dividend per Share: $5
- Ex-Dividend Date: August 19, 2024
- Total Dividends Paid (Last Year): $60.89B
Dividend Metrics
- Dividend Yield: 0.30%
- Payout Ratio: 8.75%
- Dividend Growth (YoY): -19.79%
Dividend Yield
0.30%
Dividend Payout Ratio
8.75%
Dividend Paid & Capex Coverage Ratio
1.00x
Reliance Industries pays an annual dividend of $5 per share. This means that for each share you own, you'll receive $5 in dividends over the course of a year, typically paid in quarterly installments.
The most recent ex-dividend date was August 19, 2024. Ex-dividend dates are typically announced in advance of each dividend payment. If you purchase the stock before the ex-dividend date, you'll be eligible for the upcoming dividend payment.
In the last fiscal year, Reliance Industries paid a total of $60.89B in dividends to its shareholders. This substantial amount underscores the company's commitment to returning value to its investors.
Currently, Reliance Industries's dividend yield stands at 0.30%. To put this in perspective, if you invest $100 in Reliance Industries's stock at the current price, you can expect to receive approximately $0.30 in annual dividend income.
The company's dividend payout ratio is 8.75%. This means that Reliance Industries is distributing 8.75% of its earnings to shareholders as dividends, while retaining the rest for reinvestment, debt reduction, or other corporate purposes.
Compared to the previous year, Reliance Industries's dividend has decreased by -19.79%. This decrease may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend History and Growth
Reliance Industries (RELIANCE.NS) dividend payments have grown -19.79% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Reliance Industries Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $10 | $5 | August 19, 2024 | August 19, 2024 | September 04, 2024 | |
| $18 | $9 | August 21, 2023 | August 21, 2023 | September 03, 2023 | |
| $8 | $4 | August 18, 2022 | August 19, 2022 | September 03, 2022 | |
| $7 | $3.5 | June 11, 2021 | June 14, 2021 | June 30, 2021 | |
| $13 | $6.5 | July 02, 2020 | July 03, 2020 | July 22, 2020 | April 30, 2020 |
| $6.5 | $3.21948 | August 02, 2019 | August 05, 2019 | August 19, 2019 | April 18, 2019 |
| $11.9943 | $5.94366 | June 27, 2018 | June 28, 2018 | July 16, 2018 | April 27, 2018 |
| $21.9896 | $5.44836 | July 13, 2017 | July 14, 2017 | July 28, 2017 | April 24, 2017 |
| $20.99 | $5.2007 | March 17, 2016 | March 18, 2016 | March 31, 2016 | March 08, 2016 |
| $19.9905 | $4.95305 | May 08, 2015 | May 11, 2015 | July 12, 2015 | April 17, 2015 |
| $18.991 | $4.7054 | May 16, 2014 | May 19, 2014 | June 25, 2014 | April 18, 2014 |
| $17.9915 | $4.45775 | May 10, 2013 | May 13, 2013 | June 13, 2013 | April 16, 2013 |
| $16.9919 | $4.21009 | May 31, 2012 | June 01, 2012 | June 14, 2012 | April 20, 2012 |
| $8 | $1.98122 | May 05, 2011 | May 07, 2011 | June 09, 2011 | April 21, 2011 |
| $7 | $1.73357 | May 10, 2010 | May 11, 2010 | June 18, 2010 | April 23, 2010 |
| $25.9877 | $3.21948 | October 16, 2009 | October 20, 2009 | December 01, 2009 | October 07, 2009 |
| $13 | $1.60974 | May 08, 2008 | May 10, 2008 | June 12, 2008 | April 21, 2008 |
| $21.9896 | $2.72418 | March 21, 2007 | March 22, 2007 | April 06, 2007 | March 10, 2007 |
| $10 | $1.23826 | June 01, 2006 | June 03, 2006 | June 27, 2006 | April 27, 2006 |
| $7.5 | $0.9287 | May 12, 2005 | May 14, 2005 | May 29, 2005 | April 27, 2005 |
| $5.25 | $0.65009 | May 20, 2004 | May 22, 2004 | June 06, 2004 | April 29, 2004 |
| $9.9953 | $1.23826 | May 23, 2003 | May 27, 2003 | June 11, 2003 | April 23, 2003 |
| $9.4955 | $1.17635 | October 23, 2002 | October 26, 2002 | November 10, 2002 | October 01, 2002 |
| $4.25 | $0.52626 | April 26, 2001 | May 12, 2001 | June 01, 2001 | April 17, 2001 |
| $4 | $0.49531 | April 06, 2000 | April 25, 2000 | May 01, 2000 | March 27, 2000 |
| $7.4964 | $0.9287 | May 07, 1999 | May 22, 1999 | June 01, 1999 | April 02, 1999 |
| $6.9967 | $0.86678 | May 06, 1998 | May 23, 1998 | June 01, 1998 | April 11, 1998 |
| $6.5 | $0.40244 | May 16, 1997 | May 17, 1997 | June 01, 1997 | April 14, 1997 |
| $11.9943 | $0.74296 | May 24, 1996 | May 25, 1996 | June 01, 1996 | April 12, 1996 |