Mangalam Drugs and Organics Ltd Dividend 2023 : Should Mangalam Drugs and Organics Ltd be a part of your dividend portfolio?
Mangalam Drugs and Organics Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹160.74Cr. Its share price is ₹101.45 as on 22 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Mangalam Drugs and Organics Ltd gave ₹0.50 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 Mangalam Drugs and Organics Ltd pays dividends to reward its shareholders.
In the quarter ending September 2017, Mangalam Drugs and Organics Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.49%.
Let's look at Mangalam Drugs and Organics Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Mangalam Drugs and Organics Ltd’s revenue were ₹87.49Cr in the quarter ending June 2023. The revenuefell by -20.1% year on year basis since last quarter.
Mangalam Drugs and Organics Ltd’s profits were ₹-9.54Cr in the quarter ending June 2023. The profits fell by -418% year on year basis since last quarter.
Mangalam Drugs and Organics Ltd’s dividend was ₹0.50 in the quarter ending September 2017.
Mangalam Drugs and Organics Ltd Dividend related ratios:
Last dividend date: 12/12/2017
Current Dividend Yield: 0.49%
Annual dividend payment: ₹0.50
History of Mangalam Drugs and Organics Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
21/12/2017
CASH
₹0.50
12/12/2017
22/12/2017
30/08/2005
CASH
₹0
13/06/2005
01/09/2005
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