RITES Dividend 2024: Shares trade ex-date today - Check dividend amount and other details

RITES Dividend 2024: Shares of RITES Limited, a Navratna Enterprise, trade ex-date today for a 25 per cent dividend. RITES, a public sector enterprise, is a leading player in the transport consultancy and engineering sector in India.

RITES Dividend 2024 Amount

The company has announced a dividend of Rs 2.50 per share with a face value of Rs 10. 

"The Board of Directors has declared the first interim dividend of Rs 2.5 per share amounting Rs 60 crore," the company said in an exchange filing.

RITES Dividend 2024 Record Date

The Board of Directors of RITES Limited fixed August 8 as the record date for the interim dividend.

"The record date for the purpose of payment of dividend is August 8, 2024," the filing reads.

RITES Dividend 2024 Payment Date

The PSU has not yet announced the payment date for this corporate action.

RITES Share Price 

The counter opened in red as equity benchmark indices Sensex and Nifty declined in early trade on Thursday.

The stock opened at Rs 694.95 against the previous close of Rs 697.30 on the BSE. Last seen, the counter was trading at Rs 693.35, down by 0.57 per cent from the previous close. 

RITES Share Price History 

According to BSE Analytics, shares of RITES have given a positive return of 52 per cent in one year and 160 per cent in two years. On year till date (YTD) basis, the counter has surged 37.79 per cent.