MTNL
Mahanagar Telephone Nigam Ltd
₹31.90
Mahanagar Telephone Nigam Ltd Dividend 2023 : Should Mahanagar Telephone Nigam Ltd be a part of your dividend portfolio?
Mahanagar Telephone Nigam Ltd is one of the most popular Communication Services company in the world with a market capitalisation of ₹2,007.81Cr. Its share price is ₹31.90 as on 2 October,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Mahanagar Telephone Nigam Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Communication Services stocks do not always pay a dividend but as Mahanagar Telephone Nigam Ltd pays dividends to reward its shareholders.
- In the quarter ending June 2009, Mahanagar Telephone Nigam Ltd has declared dividend of ₹1 - translating a dividend yield of 3.13%.
Let's look at Mahanagar Telephone Nigam Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Mahanagar Telephone Nigam Ltd’s revenue were ₹312.94Cr in the quarter ending June 2023. The revenuefell by -21.93% year on year basis since last quarter.
- Mahanagar Telephone Nigam Ltd’s profits were ₹-851.93Cr in the quarter ending June 2023. The profits fell by -30.45% year on year basis since last quarter.
- Mahanagar Telephone Nigam Ltd’s dividend was ₹1 in the quarter ending June 2009.
Mahanagar Telephone Nigam Ltd Dividend related ratios:
- Last dividend date: 03/08/2009
- Current Dividend Yield: 3.13%
- Annual dividend payment: ₹1
History of Mahanagar Telephone Nigam Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
17/09/2009 | CASH | ₹1 | 03/08/2009 | 22/09/2009 |
22/09/2008 | CASH | ₹1 | 31/07/2008 | 24/09/2008 |
21/02/2008 | CASH | ₹3 | 30/01/2008 | 22/02/2008 |
19/09/2007 | CASH | ₹1 | 17/07/2007 | 21/09/2007 |
19/02/2007 | CASH | ₹3 | 27/01/2007 | 20/02/2007 |
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