Mahalaxmi Seamless Ltd Dividend 2023 : Should Mahalaxmi Seamless Ltd be a part of your dividend portfolio?
Mahalaxmi Seamless Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹3.91Cr. Its share price is ₹7.40 as on 22 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Mahalaxmi Seamless Ltd gave ₹0.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Industrials stocks do not always pay a dividend but as Mahalaxmi Seamless Ltd pays dividends to reward its shareholders.
In the quarter ending September 2007, Mahalaxmi Seamless Ltd has declared dividend of ₹0.50 - translating a dividend yield of 6.76%.
Let's look at Mahalaxmi Seamless Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Mahalaxmi Seamless Ltd’s profits were ₹0.05Cr in the quarter ending June 2023. The profits fell by -28.57% year on year basis since last quarter.
Mahalaxmi Seamless Ltd’s dividend was ₹0.50 in the quarter ending September 2007.
Mahalaxmi Seamless Ltd Dividend related ratios:
Last dividend date: 06/11/2007
Current Dividend Yield: 6.76%
Annual dividend payment: ₹0.50
History of Mahalaxmi Seamless Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
27/11/2007
CASH
₹0.50
06/11/2007
28/11/2007
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