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3MINDIA

3M India Ltd

₹36,233.60

3M India Ltd Dividend 2024 : Should 3M India Ltd be a part of your dividend portfolio?

3M India Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹40,793.29Cr. Its share price is ₹36,233.60 as on 13 June,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, 3M India Ltd gave ₹785 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Financial Services stocks do not always pay a dividend but as 3M India Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2024, 3M India Ltd has declared dividend of ₹160 - translating a dividend yield of 2.17%.

Let's look at 3M India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • 3M India Ltd’s revenue were ₹1,124.73Cr in the quarter ending March 2024. The revenue grew by 6.52% year on year basis since last quarter.
  • 3M India Ltd’s profits were ₹172.85Cr in the quarter ending March 2024. The profits grew by 27.36% year on year basis since last quarter.
  • 3M India Ltd’s dividend was ₹160 in the quarter ending March 2024.

3M India Ltd Dividend related ratios:

  • Last dividend date: 28/05/2024
  • Current Dividend Yield: 2.17%
  • Annual dividend payment: ₹785

3M India Ltd Dividend v/s 3M India Ltd Share price

History of 3M India Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
05/07/2024
CASH
₹160
28/05/2024
05/07/2024
05/07/2024
CASH
₹525
28/05/2024
05/07/2024
26/07/2023
CASH
₹100
30/05/2023
26/07/2023
21/11/2022
CASH
₹850
09/11/2022
22/11/2022

FAQs

3M India Ltd current market price is ₹36,233.60 per share

3M India Ltd has declared dividend worth ₹685 in the last year.

3M India Ltd has declared dividend worth ₹160 in the latest quarter.

3M India Ltd has declared dividend on 28/05/2024 of ₹160.

3M India Ltd has declared dividend 2 times of ₹685 in the current financial year (FY2024-2025)

3M India Ltd has declared dividend 1 times of ₹100 in the previous financial year (FY2023-2024)