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MAITHANALL

Maithan Alloys Ltd

₹1,273.70

Maithan Alloys Ltd Dividend 2024 : Should Maithan Alloys Ltd be a part of your dividend portfolio?

Maithan Alloys Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹3,713.18Cr. Its share price is ₹1,273.70 as on 4 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Maithan Alloys Ltd gave ₹12 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Basic Materials stocks do not always pay a dividend but as Maithan Alloys Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Maithan Alloys Ltd has declared dividend of ₹6 - translating a dividend yield of 0.94%.

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

  • Maithan Alloys Ltd’s revenue were ₹527.22Cr in the quarter ending December 2023. The revenuefell by -28.39% year on year basis since last quarter.
  • Maithan Alloys Ltd’s profits were ₹85.34Cr in the quarter ending December 2023. The profits grew by 17.26% year on year basis since last quarter.
  • Maithan Alloys Ltd’s dividend was ₹6 in the quarter ending March 2023.

Maithan Alloys Ltd Dividend related ratios:

  • Last dividend date: 23/05/2023
  • Current Dividend Yield: 0.94%
  • Annual dividend payment: ₹12

Maithan Alloys Ltd Dividend v/s Maithan Alloys Ltd Share price

History of Maithan Alloys Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
18/09/2023
CASH
₹6
23/05/2023
20/09/2023
20/09/2022
CASH
₹6
30/05/2022
22/09/2022
22/09/2021
CASH
₹6
05/05/2021
24/09/2021
09/03/2020
CASH
₹6
27/02/2020
11/03/2020
09/08/2019
CASH
₹6
30/04/2019
14/08/2019
View More

FAQs

Maithan Alloys Ltd current market price is ₹1,273.70 per share

Maithan Alloys Ltd has declared dividend worth ₹6 in the last year.

Maithan Alloys Ltd has declared dividend worth ₹6 in the latest quarter.

Maithan Alloys Ltd has declared dividend on 23/05/2023 of ₹6.

Maithan Alloys Ltd has declared dividend 1 times of ₹6 in the previous financial year (FY2023-2024)