MWL
Mangalam Worldwide Ltd
₹166.50
Mangalam Worldwide Ltd Dividend 2024 : Should Mangalam Worldwide Ltd be a part of your dividend portfolio?
Mangalam Worldwide Ltd is one of the most popular Steel company in the world with a market capitalisation of ₹404.26Cr. Its share price is ₹166.50 as on 25 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Mangalam Worldwide Ltd gave ₹2 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Steel stocks do not always pay a dividend but as Mangalam Worldwide Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Mangalam Worldwide Ltd has declared dividend of ₹1 - translating a dividend yield of 1.20%.
Let's look at Mangalam Worldwide Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Mangalam Worldwide Ltd’s revenue were ₹239.03Cr in the quarter ending March 2024. The revenue grew by 11.42% year on year basis since last quarter.
- Mangalam Worldwide Ltd’s profits were ₹11.81Cr in the quarter ending March 2024. The profits grew by 75.48% year on year basis since last quarter.
- Mangalam Worldwide Ltd’s dividend was ₹1 in the quarter ending March 2023.
Mangalam Worldwide Ltd Dividend related ratios:
- Last dividend date: 18/04/2023
- Current Dividend Yield: 1.20%
- Annual dividend payment: ₹2
History of Mangalam Worldwide Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
30/06/2023 | CASH | ₹1 | 18/04/2023 | 30/06/2023 |
08/09/2022 | CASH | ₹1 | 23/08/2022 | 09/09/2022 |
