Mawana Sugars Ltd Dividend 2023 : Should Mawana Sugars Ltd be a part of your dividend portfolio?
Mawana Sugars Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹435.13Cr. Its share price is ₹111.25 as on 1 October,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Mawana Sugars Ltd gave ₹6 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 Mawana Sugars Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Mawana Sugars Ltd has declared dividend of ₹3 - translating a dividend yield of 5.39%.
Let's look at Mawana Sugars Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Mawana Sugars Ltd’s revenue were ₹326.69Cr in the quarter ending June 2023. The revenue grew by 5.74% year on year basis since last quarter.
Mawana Sugars Ltd’s profits were ₹-15.62Cr in the quarter ending June 2023. The profits fell by -31.37% year on year basis since last quarter.
Mawana Sugars Ltd’s dividend was ₹3 in the quarter ending March 2023.