MOL
Meghmani Organics Ltd
₹86.60
Meghmani Organics Ltd Dividend 2024 : Should Meghmani Organics Ltd be a part of your dividend portfolio?
Meghmani Organics Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹2,198.55Cr. Its share price is ₹86.60 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Meghmani Organics Ltd gave ₹2.80 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 Organics Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Meghmani Organics Ltd has declared dividend of ₹1.40 - translating a dividend yield of 3.23%.
Let's look at Meghmani Organics Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Meghmani Organics Ltd’s revenue were ₹361.38Cr in the quarter ending December 2023. The revenuefell by -36.98% year on year basis since last quarter.
- Meghmani Organics Ltd’s profits were ₹-38.23Cr in the quarter ending December 2023. The profits fell by -557.84% year on year basis since last quarter.
- Meghmani Organics Ltd’s dividend was ₹1.40 in the quarter ending March 2023.
Meghmani Organics Ltd Dividend related ratios:
- Last dividend date: 29/04/2023
- Current Dividend Yield: 3.23%
- Annual dividend payment: ₹2.80
History of Meghmani Organics Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
20/06/2023 | CASH | ₹1.40 | 29/04/2023 | 20/06/2023 |
17/06/2022 | CASH | ₹1.40 | 02/05/2022 | 20/06/2022 |
15/09/2021 | CASH | ₹1.40 | 20/05/2021 | 17/09/2021 |
