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M M Forgings Ltd

₹1,337.35

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

M M Forgings Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹3,231.73Cr. Its share price is ₹1,337.35 as on 12 July,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, M M Forgings Ltd gave ₹8 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Basic Materials stocks do not always pay a dividend but as M M Forgings Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2024, M M Forgings Ltd has declared dividend of ₹8 - translating a dividend yield of 0.60%.

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

  • M M Forgings Ltd’s revenue were ₹403.84Cr in the quarter ending March 2024. The revenue grew by 2.71% year on year basis since last quarter.
  • M M Forgings Ltd’s profits were ₹36.80Cr in the quarter ending March 2024. The profits grew by 19.52% year on year basis since last quarter.
  • M M Forgings Ltd’s dividend was ₹8 in the quarter ending March 2024.

M M Forgings Ltd Dividend related ratios:

  • Last dividend date: 29/05/2024
  • Current Dividend Yield: 0.60%
  • Annual dividend payment: ₹8

M M Forgings Ltd Dividend v/s M M Forgings Ltd Share price

History of M M Forgings Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
14/06/2024
CASH
₹8
29/05/2024
14/06/2024
29/05/2023
CASH
₹6
17/05/2023
29/05/2023
06/06/2022
CASH
₹6
25/05/2022
07/06/2022
01/07/2021
CASH
₹5
21/06/2021
02/07/2021
19/03/2020
CASH
₹5
09/03/2020
20/03/2020
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FAQs

M M Forgings Ltd current market price is ₹1,337.35 per share

M M Forgings Ltd has declared dividend worth ₹8 in the last year.

M M Forgings Ltd has declared dividend worth ₹8 in the latest quarter.

M M Forgings Ltd has declared dividend on 29/05/2024 of ₹8.

M M Forgings Ltd has declared dividend 1 times of ₹8 in the current financial year (FY2024-2025)

M M Forgings Ltd has declared dividend 1 times of ₹6 in the previous financial year (FY2023-2024)