Manaksia Coated Metals & Industries Ltd Dividend 2024 : Should Manaksia Coated Metals & Industries Ltd be a part of your dividend portfolio?
Manaksia Coated Metals & Industries Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹452.08Cr. Its share price is ₹59.12 as on 22 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Manaksia Coated Metals & Industries Ltd gave ₹0.08 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Industrials stocks do not always pay a dividend but as Manaksia Coated Metals & Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Manaksia Coated Metals & Industries Ltd has declared dividend of ₹0.05 - translating a dividend yield of 0.14%.
Let's look at Manaksia Coated Metals & Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Manaksia Coated Metals & Industries Ltd’s revenue were ₹195.38Cr in the quarter ending June 2024. The revenue grew by 11.04% year on year basis since last quarter.
Manaksia Coated Metals & Industries Ltd’s profits were ₹2.98Cr in the quarter ending June 2024. The profits grew by 2383.33% year on year basis since last quarter.
Manaksia Coated Metals & Industries Ltd’s dividend was ₹0.05 in the quarter ending March 2024.
Manaksia Coated Metals & Industries Ltd Dividend related ratios:
Last dividend date: 10/05/2024
Current Dividend Yield: 0.14%
Annual dividend payment: ₹0.08
History of Manaksia Coated Metals & Industries Ltd's Dividend payments