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 ₹320.79Cr. Its share price is ₹75.90 as on 1 May,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 2.64%.
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 ₹232.14Cr in the quarter ending December 2023. The revenuefell by -3.76% year on year basis since last quarter.
Maral Overseas Ltd’s profits were ₹1.06Cr in the quarter ending December 2023. The profits grew by 116.99% year on year basis since last quarter.
Maral Overseas Ltd’s dividend was ₹2 in the quarter ending March 2022.