Is REC Ltd a good share to buy?
Table of Contents
Price To Earnings Ratio PE vs Industry: RECLTD is good value based on its PE Ratio (2.8x) compared to the Indian Diversified Financial industry average (18.6x). PE vs Market: RECLTD is good value based on its PE Ratio (2.8x) compared to the Indian market (19.7x).
Will rec give dividend?
For the year ending March 2021 REC has declared an equity dividend of 127.10\% amounting to Rs 12.71 per share. At the current share price of Rs 131.40 this results in a dividend yield of 9.67\%.
What does Rural Electrification Corporation do?
The company is primarily engaged in providing finance for rural electrification projects across India and provides loans to Central/ State Sector Power Utilities, State Electricity Boards, Rural Electric Cooperatives, NGOs and Private Power Developers.
Who is promoter of REC Ltd?
The Shareholding Pattern page of REC Ltd. presents the Promoter’s holding, FII’s holding, DII’s Holding, and Share holding by general public etc….PREMARKET.
| Shareholding Pattern – REC Ltd. | ||
|---|---|---|
| Holder’s Name | No of Shares | \% Share Holding |
| NoOfShares | 1974918000 | 100\% |
| Promoters | 1039495247 | 52.63\% |
How do I redeem rural electrification corporate bonds?
The Bonds will automatically redeem after expiry of three years. Bonds are AAA rated by CRISIL, CARE, ICRA and IRRPL. 13) Interest/Redemption shall be paid by way of warrant/NECS/RTGS/NEFT payable at par at locations where collection centres are appointed.
Who is eligible for REC dividend?
The holders of the equity shares of the Company, as on the record date, are entitled to receive dividends. Since the Company has issued only one class of equity shares with equal voting rights, all the members of the Company are entitled to receive the same amount of dividend per share.
Which company gives best dividend in India?
Highest Dividend Yield Shares
| S.No. | Name | Payout ratio \% |
|---|---|---|
| 1. | Coal India | 77.64 |
| 2. | I O C L | 50.92 |
| 3. | REC Ltd | 29.96 |
| 4. | Power Fin.Corpn. | 22.47 |
Who owns Rural Electrification Corporation?
Power Finance Corp
REC/Parent organizations
Who is promoter of NHPC?
The Shareholding Pattern page of NHPC Ltd. presents the Promoter’s holding, FII’s holding, DII’s Holding, and Share holding by general public etc….PREMARKET.
| Shareholding Pattern – NHPC Ltd. | ||
|---|---|---|
| Promoters | 7126772676 | 70.95\% |
| ForeignInstitutions | 507828961 | 5.06\% |
| NBanksMutualFunds | 757688142 | 7.54\% |
| CentralGovt | 6526 | 0\% |
What is the interest rate on rural electrification bonds?
5.75\%
These Capital Gain Bonds which help in saving tax can only be issued by the National Highway Authority of India (NHAI) or the Rural Electrification Corporation of India (REC). The Interest Rate on the Capital Gains Bonds is 5.75\%. The Interest @ 5.75\% is payable annually by both NHAI as well as REC.
What is the record date for REC dividend?
Corporate actions: Dividend history for REC Ltd.
| Ex-Date | Dividend Amount | Record Date |
|---|---|---|
| March 18, 2021 | 5.00 | March 19, 2021 |
| Nov. 13, 2020 | 6.00 | Nov. 17, 2020 |
| Feb. 11, 2020 | 11.00 | Feb. 12, 2020 |
| March 11, 2019 | 11.00 | March 12, 2019 |