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MAHSCOOTER

Maharashtra Scooters Ltd

₹7,609.10

Maharashtra Scooters Ltd Dividend 2024 : Should Maharashtra Scooters Ltd be a part of your dividend portfolio?

Maharashtra Scooters Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹8,647.77Cr. Its share price is ₹7,609.10 as on 23 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Maharashtra Scooters Ltd gave ₹230 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 Maharashtra Scooters Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2024, Maharashtra Scooters Ltd has declared dividend of ₹60 - translating a dividend yield of 3.02%.

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

  • Maharashtra Scooters Ltd’s revenue were ₹5.18Cr in the quarter ending March 2024. The revenuefell by -44.3% year on year basis since last quarter.
  • Maharashtra Scooters Ltd’s profits were ₹0.10Cr in the quarter ending March 2024. The profits fell by -87.8% year on year basis since last quarter.
  • Maharashtra Scooters Ltd’s dividend was ₹60 in the quarter ending March 2024.

Maharashtra Scooters Ltd Dividend related ratios:

  • Last dividend date: 24/04/2024
  • Current Dividend Yield: 3.02%
  • Annual dividend payment: ₹230

Maharashtra Scooters Ltd Dividend v/s Maharashtra Scooters Ltd Share price

History of Maharashtra Scooters Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
28/06/2024
CASH
₹60
24/04/2024
28/06/2024
28/09/2023
CASH
₹110
15/09/2023
29/09/2023
30/06/2023
CASH
₹60
24/04/2023
30/06/2023
22/09/2022
CASH
₹100
13/09/2022
23/09/2022
30/06/2022
CASH
₹80
25/04/2022
01/07/2022
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FAQs

Maharashtra Scooters Ltd current market price is ₹7,609.10 per share

Maharashtra Scooters Ltd has declared dividend worth ₹170 in the last year.

Maharashtra Scooters Ltd has declared dividend worth ₹60 in the latest quarter.

Maharashtra Scooters Ltd has declared dividend on 24/04/2024 of ₹60.

Maharashtra Scooters Ltd has declared dividend 1 times of ₹60 in the current financial year (FY2024-2025)

Maharashtra Scooters Ltd has declared dividend 2 times of ₹170 in the previous financial year (FY2023-2024)