Maral Overseas Ltd Dividend 2024 : Should Maral Overseas Ltd be a part of your dividend portfolio?
Maral Overseas Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹308.34Cr. Its share price is ₹74.30 as on 22 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Maral Overseas Ltd gave ₹2 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 Maral Overseas Ltd pays dividends to reward its shareholders.
In the quarter ending March 2022, Maral Overseas Ltd has declared dividend of ₹2 - translating a dividend yield of 2.69%.
Let's look at Maral Overseas Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Maral Overseas Ltd’s revenue were ₹258.65Cr in the quarter ending June 2024. The revenue grew by 11.97% year on year basis since last quarter.
Maral Overseas Ltd’s profits were ₹-6.45Cr in the quarter ending June 2024. The profits grew by 55.27% year on year basis since last quarter.
Maral Overseas Ltd’s dividend was ₹2 in the quarter ending March 2022.