Rs 100/Share Dividend: Rating Agency Stock Set To Go Ex-Dividend Next Week

ICRA Ltd shares are all set to trade ex-dividend on July 19, 2024 for dividend of Rs 100 per equity share of the face value of Rs 10 each. Current market price of ICRA Ltd share on BSE is Rs 5780.85 per share. The company has a market capitalisation of Rs 5,579.23 crore. Earlier, ICRA informed BSE about meeting of Board of Directors of the Company scheduled to be held on July 23, 2024 to to consider and approve the unaudited financial results (standalone & consolidated) of the Company for the first quarter ended June 30, 2024. Check details below:

ICRA To Trade Ex-Dividend Soon: As per the regulatory filing of ICRA issued as on May 23, "Board of Directors has recommended a dividend of Rs 100 per equity share of the face value of Rs 10 each. The dividend as recommended by the Board of Directors, if declared at the ensuing Annual General Meeting, will be paid/dividend warrants will be dispatched not later than Monday, August 19, 2024."

ICRA Ltd Dividend History: ICRA announced 19 dividends since July 23, 2007. In last 1-year, ICRA announced an equity dividend amounting to Rs 130.00 per share. At the current share price of Rs 5780.85, ICRA offers a dividend yield of 2.25%.

ICRA Shareholding: FII/FPI have increased holdings from 8.42% to 8.59% in June 2024 quarter. Number of FII/FPI investors increased from 69 to 79 in June 2024 quarter. Mutual Funds have decreased holdings from 17.21% to 16.64% in June 2024 quarter. Number of MF schemes increased from 7 to 8 in June 2024 quarter.

Institutional Investors have decreased holdings from 32.50% to 32.22% in June 2024 quarter. General Insurance Corporation Of India has 1.35% stake in ICRA and Parag Parikh Flexi Cap Fund has 4.55% stake.

ICRA Share Performance: The 52-week high price of ICRA Ltd share on BSE is Rs 6468.30 per share (as on 24/05/2024) and 52-week low price is Rs 4990.00 per share (as on 13/05/2024), respectively. ICRA share declined 2.82% in last 1-week, gained over 3% in last 1-month, zoomed 5.59% in last 1-year, and offered 52% return in last 2-years.

ICRA Ltd Q4: The company's revenue from operations surged 16.4% to Rs 109 crore for the quarter under consideration against Rs 93.7 crore announced in the corresponding quarter of last fiscal. Meanwhile, the consolidated revenue from operations jumped 17.6% to Rs 403.2 crore for the year ended March 31, 2023 against Rs 342.8 crore declared in the preceding year. Its profit after tax soared 20.4% to Rs136.7 crore for the year ended March 31, 2023 against Rs 113.5 crore announced an year ago.

ICRA Ltd About: ICRA Limited (formerly Investment Information and Credit Rating Agency of India Limited) was set up in 1991 by leading financial/investment institutions, commercial banks and financial services companies as an independent and professional investment Information and Credit Rating Agency. Today, ICRA and its subsidiaries together form the ICRA Group of Companies (Group ICRA). ICRA is a Public Limited Company, with its shares listed on the Bombay Stock Exchange and the National Stock Exchange, according to its official website.