Magna Electro Castings Ltd Dividend History

Magna Electro Castings Ltd declared a dividend of ₹5.00 per share on 28 May 2026, with a record date of 2 Sep 2026.

To receive the Magna Electro Castings Ltd dividend, you must hold 517449 shares before the ex-date of 2 Sep 2026. Under T+1 settlement, buying on the ex-date itself makes you ineligible. The dividend is credited to your linked bank account within 30 days of the record date.

Magna Electro Castings Ltd pays one dividend per financial year, typically declared after Q4 board meeting results.

Magna Electro Castings Ltd's current dividend yield is 0.37%. This is relatively low — Magna Electro Castings Ltd is primarily a capital appreciation stock rather than a high-dividend one.

Dividends from Magna Electro Castings Ltd are taxable as income from other sources at your applicable income tax slab rate. TDS at 10% is deducted at source if your total dividend income from Magna Electro Castings Ltd exceeds ₹10,000 in a financial year. NRI investors are subject to 20% TDS or applicable DTAA rate. You can claim TDS credit when filing your ITR.