500267
Majestic Auto Ltd
₹297.30
Majestic Auto Ltd Dividend 2024 : Should Majestic Auto Ltd be a part of your dividend portfolio?
Majestic Auto Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹312.31Cr. Its share price is ₹297.30 as on 26 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Majestic Auto Ltd gave ₹22.50 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 Majestic Auto Ltd pays dividends to reward its shareholders.
- In the quarter ending December 2023, Majestic Auto Ltd has declared dividend of ₹15 - translating a dividend yield of 7.57%.
Let's look at Majestic Auto Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Majestic Auto Ltd’s revenue were ₹22.42Cr in the quarter ending December 2023. The revenue grew by 72.46% year on year basis since last quarter.
- Majestic Auto Ltd’s profits were ₹7.31Cr in the quarter ending December 2023. The profits grew by 596.19% year on year basis since last quarter.
- Majestic Auto Ltd’s dividend was ₹15 in the quarter ending December 2023.
Majestic Auto Ltd Dividend related ratios:
- Last dividend date: 08/02/2024
- Current Dividend Yield: 7.57%
- Annual dividend payment: ₹22.50
History of Majestic Auto Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
20/02/2024 | CASH | ₹15 | 08/02/2024 | 20/02/2024 |
24/02/2023 | CASH | ₹7.50 | 14/02/2023 | 24/02/2023 |
18/11/2021 | CASH | ₹7.50 | 02/11/2021 | 23/11/2021 |
14/09/2005 | CASH | ₹0 | 26/08/2005 | 16/09/2005 |
