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Marine Electricals (India) Ltd

₹99.45

Marine Electricals (India) Ltd Dividend 2024 : Should Marine Electricals (India) Ltd be a part of your dividend portfolio?

Marine Electricals (India) Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹1,314.71Cr. Its share price is ₹99.45 as on 29 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Marine Electricals (India) Ltd gave ₹0.20 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Industrials stocks do not always pay a dividend but as Marine Electricals (India) Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2021, Marine Electricals (India) Ltd has declared dividend of ₹0.20 - translating a dividend yield of 0.20%.

Let's look at Marine Electricals (India) Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Marine Electricals (India) Ltd’s revenue were ₹147.89Cr in the quarter ending December 2023. The revenue grew by 16.57% year on year basis since last quarter.
  • Marine Electricals (India) Ltd’s profits were ₹4.98Cr in the quarter ending December 2023. The profits fell by -31.78% year on year basis since last quarter.
  • Marine Electricals (India) Ltd’s dividend was ₹0.20 in the quarter ending March 2021.

Marine Electricals (India) Ltd Dividend related ratios:

  • Last dividend date: 07/06/2021
  • Current Dividend Yield: 0.20%
  • Annual dividend payment: ₹0.20

Marine Electricals (India) Ltd Dividend v/s Marine Electricals (India) Ltd Share price

History of Marine Electricals (India) Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
20/09/2021
CASH
₹0.20
07/06/2021
21/09/2021

FAQs

Marine Electricals (India) Ltd current market price is ₹99.45 per share

Marine Electricals (India) Ltd has declared dividend worth ₹0.20 in the latest quarter.

Marine Electricals (India) Ltd has declared dividend on 07/06/2021 of ₹0.20.