High Dividend Yield Railway Stocks in india 2023

Dividend yield stock

Rites

About us:

Dividend Yield Railway Stocks RITES Limited, also known as Rail India Technical and Economic Service, is a renowned engineering consultancy company in India. Established in 1974, RITES is a public sector enterprise that operates under the Ministry of Railways, Government of India. The company specializes in providing a comprehensive array of services in the sectors of transport infrastructure, including railways, highways, and urban planning.

Year End Mar-23
Face value Rs 10.00
Dividend % 205.00
Dividend per share (Unadj.) Rs 20.50
Dividend per share (Adj.) Rs 20.50
Dividend payout ratio % 86.3
Dividend yield (eoy) % 5.8

 

 Railtel Corp Of India 

About us:

RailTel Corporation of India Limited is a leading public sector undertaking (PSU) under the Ministry of Railways, Government of India. Established in 2000, RailTel is a state-owned telecommunications company that primarily focuses on providing broadband and internet-related services to the railway sector and other government organizations in India.RailTel is responsible for modernizing the train control system, enabling efficient train operations, and enhancing communication services for the Indian Railways network.

Year End Mar-23
Face value Rs 10.00
Dividend % 26.00
Dividend per share (Unadj.) Rs 2.55
Dividend per share (Adj.) Rs 2.55
Dividend payout ratio % 43.3
Dividend yield (eoy) % 2.5

 

Rail Vikas Nigam

About us:

Rail Vikas Nigam Limited (RVNL) is a government-owned organization in India that operates under the Ministry of Railways. Established in 2003, RVNL is dedicated to the development and implementation of railway infrastructure projects across the country. The primary objective of RVNL is to enhance the capacity and efficiency of the Indian Railways network by undertaking various construction and modernization initiatives. RVNL specializes in the construction of new railway lines, doubling and electrification of existing lines, gauge conversion, and setting up of rail-based industries.

Year End Mar-23
Face value Rs 10.00
Dividend % 21.00
Dividend per share (Unadj.) Rs 2.13
Dividend per share (Adj.) Rs 2.13
Dividend payout ratio % 31.3
Dividend yield (eoy) % 3.1

 

IRFC

About us:

Indian Railway Finance Corporation Limited (IRFC) is a dedicated financing arm of the Indian Railways, which operates under the administrative control of the Ministry of Railways, Government of India. Established in 1986, IRFC plays a crucial role in supporting the expansion and modernization efforts of the Indian Railways, one of the largest rail networks in the world.IRFC primarily focuses on raising funds for the Indian Railways through various financial instruments and lending mechanisms.

Year End Mar-23
Face value Rs 10.00
Dividend % 15.00
Dividend per share (Unadj.) Rs 1.50
Dividend per share (Adj.) Rs 1.50
Dividend payout ratio % 30.9
Dividend yield (eoy) % 5.6

 

Ircon International

About us:

Ircon International Limited, commonly known as Ircon, is a leading engineering and construction company in India that specializes in the development of infrastructure projects. Established in 1976, Ircon operates under the administrative control of the Ministry of Railways, Government of India. The company is renowned for its expertise in the construction of various infrastructure projects, including railways, highways, bridges, tunnels, and urban development.Ircon has a strong presence both in India and internationally, with a focus on executing challenging and complex projects.

Year End Mar-23
Face value Rs 2.00
Dividend % 150.00
Dividend per share (Unadj.) Rs 3.00
Dividend per share (Adj.) Rs 3.00
Dividend payout ratio % 36.9
Dividend yield (eoy) % 5.4

 

CONTAINER CORP

About us:

Container Corporation of India Limited, commonly known as CONCOR, is a Navratna public sector undertaking (PSU) in India. Established in 1988, CONCOR operates under the Ministry of Railways and is headquartered in New Delhi. The company is a market leader in providing efficient, reliable, and cost-effective logistics solutions in the field of containerized cargo transport and logistics services.CONCOR specializes in container handling and transportation, operating a vast network of inland container depots (ICDs), container freight stations (CFSs), and multimodal logistics parks across the country.

Year End Mar-23
Face value Rs 5.00
Dividend % 220.00
Dividend per share (Unadj.) Rs 11.00
Dividend per share (Adj.) Rs 11.00
Dividend payout ratio % 57.1
Dividend yield (eoy) % 1.9

 

 

       Company name

 

Dividend

     (%)

 

Dividend

Amount

 

No.of share you hold

(eg)

 

Amount of Dividend you get

 

Rites

 

100%

Rs.20.50

1000

Rs.20,500

 

Railtel Corp Of India

 

100%

Rs.2.55 1000

Rs.2,550

 

Rail Vikas Nigam

 

100%

Rs.2.13 1000

Rs.2,130

 

Irfc

 

100%

Rs.1.50 1000

Rs.1,500

 

Ircon International

 

100%

Rs.3 1000

Rs.3000

 

Container corp

 

100%

Rs.11 1000

Rs.11,000

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