Mafatlal Industries Ltd Dividend 2024 : Should Mafatlal Industries Ltd be a part of your dividend portfolio?
Mafatlal Industries Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹1,154.53Cr. Its share price is ₹172.15 as on 11 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Mafatlal Industries Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Cyclical stocks do not always pay a dividend but as Mafatlal Industries Ltd pays dividends to reward its shareholders.
In the quarter ending June 2024, Mafatlal Industries Ltd has declared dividend of ₹1 - translating a dividend yield of 0.58%.
Let's look at Mafatlal Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Mafatlal Industries Ltd’s revenue were ₹457.78Cr in the quarter ending June 2024. The revenuefell by -24.72% year on year basis since last quarter.
Mafatlal Industries Ltd’s profits were ₹30.38Cr in the quarter ending June 2024. The profits grew by 10.55% year on year basis since last quarter.
Mafatlal Industries Ltd’s dividend was ₹1 in the quarter ending June 2024.
Mafatlal Industries Ltd Dividend related ratios:
Last dividend date: 02/08/2024
Current Dividend Yield: 0.58%
Annual dividend payment: ₹1
History of Mafatlal Industries Ltd's Dividend payments