Mahaveer Infoway Ltd Dividend 2024 : Should Mahaveer Infoway Ltd be a part of your dividend portfolio?
Mahaveer Infoway Ltd is one of the most popular Technology company in the world with a market capitalisation of ₹4.29Cr. Its share price is ₹8.05 as on 27 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Mahaveer Infoway Ltd gave ₹0.25 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Technology stocks do not always pay a dividend but as Mahaveer Infoway Ltd pays dividends to reward its shareholders.
In the quarter ending March 2012, Mahaveer Infoway Ltd has declared dividend of ₹0.25 - translating a dividend yield of 3.11%.
Let's look at Mahaveer Infoway Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Mahaveer Infoway Ltd’s revenue were ₹0.87Cr in the quarter ending March 2024. The revenuefell by -38.73% year on year basis since last quarter.
Mahaveer Infoway Ltd’s profits were ₹0.92Cr in the quarter ending March 2024. The profits fell by -76.92% year on year basis since last quarter.
Mahaveer Infoway Ltd’s dividend was ₹0.25 in the quarter ending March 2012.
Mahaveer Infoway Ltd Dividend related ratios:
Last dividend date: 29/05/2012
Current Dividend Yield: 3.11%
Annual dividend payment: ₹0.25
History of Mahaveer Infoway Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
20/09/2012
CASH
₹0.25
29/05/2012
24/09/2012
11/08/2011
CASH
₹0.50
24/05/2011
13/08/2011
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