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MARICO

Marico Ltd

₹698.20

Marico Ltd Dividend 2024 : Should Marico Ltd be a part of your dividend portfolio?

Marico Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹90,308.30Cr. Its share price is ₹698.20 as on 9 October,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Marico Ltd gave ₹14 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Consumer Defensive stocks do not always pay a dividend but as Marico Ltd pays dividends to reward its shareholders.
  • In the quarter ending December 2023, Marico Ltd has declared dividend of ₹6.50 - translating a dividend yield of 2.01%.

Let's look at Marico Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Marico Ltd’s revenue were ₹2,680Cr in the quarter ending June 2024. The revenue grew by 6.22% year on year basis since last quarter.
  • Marico Ltd’s profits were ₹464Cr in the quarter ending June 2024. The profits grew by 8.67% year on year basis since last quarter.
  • Marico Ltd’s dividend was ₹6.50 in the quarter ending December 2023.

Marico Ltd Dividend related ratios:

  • Last dividend date: 27/02/2024
  • Current Dividend Yield: 2.01%
  • Annual dividend payment: ₹14

History of Marico Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
06/03/2024
CASH
₹6.50
27/02/2024
06/03/2024
07/11/2023
CASH
₹3
30/10/2023
07/11/2023
08/03/2023
CASH
₹4.50
27/02/2023
08/03/2023
04/02/2022
CASH
₹6.25
28/01/2022
07/02/2022
08/11/2021
CASH
₹3
28/10/2021
09/11/2021
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Marico Ltd Dividend v/s Marico Ltd Share price

FAQs

Marico Ltd current market price is ₹698.20 per share

Marico Ltd has declared dividend worth ₹9.50 in the last year.

Marico Ltd has declared dividend worth ₹6.50 in the latest quarter.

Marico Ltd has declared dividend on 27/02/2024 of ₹6.50.

Marico Ltd has declared dividend 2 times of ₹9.50 in the previous financial year (FY2023-2024)