Manaksia Aluminium Company Ltd Dividend 2024 : Should Manaksia Aluminium Company Ltd be a part of your dividend portfolio?
Manaksia Aluminium Company Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹180.55Cr. Its share price is ₹27.25 as on 30 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Manaksia Aluminium Company Ltd gave ₹0.05 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 Manaksia Aluminium Company Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Manaksia Aluminium Company Ltd has declared dividend of ₹0.05 - translating a dividend yield of 0.18%.
Let's look at Manaksia Aluminium Company Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Manaksia Aluminium Company Ltd’s revenue were ₹103.69Cr in the quarter ending December 2023. The revenuefell by -4.34% year on year basis since last quarter.
Manaksia Aluminium Company Ltd’s profits were ₹1.23Cr in the quarter ending December 2023. The profits fell by -2.38% year on year basis since last quarter.
Manaksia Aluminium Company Ltd’s dividend was ₹0.05 in the quarter ending March 2023.
Manaksia Aluminium Company Ltd Dividend related ratios:
Last dividend date: 19/05/2023
Current Dividend Yield: 0.18%
Annual dividend payment: ₹0.05
Manaksia Aluminium Company Ltd Dividend v/s Manaksia Aluminium Company Ltd Share price
History of Manaksia Aluminium Company Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
22/08/2023
CASH
₹0.05
19/05/2023
22/08/2023
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