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517449

Magna Electro Castings Ltd

₹455

Magna Electro Castings Ltd Dividend 2024 : Should Magna Electro Castings Ltd be a part of your dividend portfolio?

Magna Electro Castings Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹192.56Cr. Its share price is ₹455 as on 25 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Magna Electro Castings Ltd gave ₹5.50 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 Magna Electro Castings Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Magna Electro Castings Ltd has declared dividend of ₹3 - translating a dividend yield of 1.21%.

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

  • Magna Electro Castings Ltd’s revenue were ₹35.48Cr in the quarter ending December 2023. The revenuefell by -8.93% year on year basis since last quarter.
  • Magna Electro Castings Ltd’s profits were ₹3.53Cr in the quarter ending December 2023. The profits fell by -7.35% year on year basis since last quarter.
  • Magna Electro Castings Ltd’s dividend was ₹3 in the quarter ending March 2023.

Magna Electro Castings Ltd Dividend related ratios:

  • Last dividend date: 30/05/2023
  • Current Dividend Yield: 1.21%
  • Annual dividend payment: ₹5.50

Magna Electro Castings Ltd Dividend v/s Magna Electro Castings Ltd Share price

History of Magna Electro Castings Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
18/08/2023
CASH
₹3
30/05/2023
19/08/2023
18/08/2022
CASH
₹2.50
30/05/2022
19/08/2022
15/09/2021
CASH
₹1.50
25/06/2021
16/09/2021
25/02/2020
CASH
₹2.50
13/02/2020
26/02/2020
08/08/2019
CASH
₹2.50
30/05/2019
13/08/2019
View More

FAQs

Magna Electro Castings Ltd current market price is ₹455 per share

Magna Electro Castings Ltd has declared dividend worth ₹3 in the last year.

Magna Electro Castings Ltd has declared dividend worth ₹3 in the latest quarter.

Magna Electro Castings Ltd has declared dividend on 30/05/2023 of ₹3.

Magna Electro Castings Ltd has declared dividend 1 times of ₹3 in the previous financial year (FY2023-2024)