MAGADSUGAR
Magadh Sugar & Energy Ltd
₹658.70
Magadh Sugar & Energy Ltd Dividend 2024 : Should Magadh Sugar & Energy Ltd be a part of your dividend portfolio?
Magadh Sugar & Energy Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹927.44Cr. Its share price is ₹658.70 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Magadh Sugar & Energy Ltd gave ₹13.50 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 Magadh Sugar & Energy Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Magadh Sugar & Energy Ltd has declared dividend of ₹7 - translating a dividend yield of 2.05%.
Let's look at Magadh Sugar & Energy Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Magadh Sugar & Energy Ltd’s revenue were ₹219.21Cr in the quarter ending December 2023. The revenue grew by 4.4% year on year basis since last quarter.
- Magadh Sugar & Energy Ltd’s profits were ₹38.91Cr in the quarter ending December 2023. The profits grew by 78.32% year on year basis since last quarter.
- Magadh Sugar & Energy Ltd’s dividend was ₹7 in the quarter ending March 2023.
Magadh Sugar & Energy Ltd Dividend related ratios:
- Last dividend date: 09/05/2023
- Current Dividend Yield: 2.05%
- Annual dividend payment: ₹13.50
History of Magadh Sugar & Energy Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
13/07/2023 | CASH | ₹7 | 09/05/2023 | 13/07/2023 |
13/07/2022 | CASH | ₹6.50 | 11/05/2022 | 15/07/2022 |
13/08/2021 | CASH | ₹4 | 11/05/2021 | 18/08/2021 |
14/09/2020 | CASH | ₹4 | 23/06/2020 | 16/09/2020 |
03/06/2019 | CASH | ₹2 | 14/05/2019 | 05/06/2019 |
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