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Meghmani Finechem Ltd

₹943.65

Meghmani Finechem Ltd Dividend 2023 : Should Meghmani Finechem Ltd be a part of your dividend portfolio?

Meghmani Finechem Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹3638.13Cr. Its share price is ₹943.65 as on 31 March,2023.

The dividend is a percentage of earnings paid out to shareholders. Last year, Meghmani Finechem Ltd gave ₹2.5 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Basic Materials stocks do not always pay a dividend but as Meghmani Finechem Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Meghmani Finechem Ltd has declared dividend of ₹2.5 - translating a dividend yield of 0.26%.

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

  • Meghmani Finechem Ltd’s revenue were ₹537.58Cr in the quarter ending December 2022. The revenue grew by 27.42% year on year basis since last quarter.
  • Meghmani Finechem Ltd’s profits were ₹77.2Cr in the quarter ending December 2022. The profits grew by 10.71% year on year basis since last quarter.
  • Meghmani Finechem Ltd’s dividend was ₹2.5 in the quarter ending March 2023.

Meghmani Finechem Ltd Dividend related ratios:

  • Last dividend date: 19/01/2023
  • Current Dividend Yield: 0.26%
  • Annual dividend payment: ₹2.5

Meghmani Finechem Ltd Dividend v/s Meghmani Finechem Ltd Share price

History of Meghmani Finechem Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
01/02/2023
CASH
₹2.5
19/01/2023
01/02/2023

FAQs

Meghmani Finechem Ltd current market price is ₹943.65 per share

Meghmani Finechem Ltd has declared dividend worth ₹2.5 in the last year.

Meghmani Finechem Ltd has declared dividend worth ₹2.5 in the latest quarter.

Meghmani Finechem Ltd has declared dividend on 19/01/2023 of ₹2.5.

Meghmani Finechem Ltd has declared dividend 1 times of ₹2.5 in the current financial year (FY2022-2023)