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Menon Bearings Ltd

₹122.60

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

Menon Bearings Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹692.37Cr. Its share price is ₹122.60 as on 28 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Menon Bearings Ltd gave ₹4.25 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 Menon Bearings Ltd pays dividends to reward its shareholders.
  • In the quarter ending June 2023, Menon Bearings Ltd has declared dividend of ₹2.25 - translating a dividend yield of 3.47%.

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

  • Menon Bearings Ltd’s revenue were ₹54.80Cr in the quarter ending March 2024. The revenue grew by 1.35% year on year basis since last quarter.
  • Menon Bearings Ltd’s profits were ₹5.62Cr in the quarter ending March 2024. The profits fell by -37.97% year on year basis since last quarter.
  • Menon Bearings Ltd’s dividend was ₹2.25 in the quarter ending June 2023.

Menon Bearings Ltd Dividend related ratios:

  • Last dividend date: 15/07/2023
  • Current Dividend Yield: 3.47%
  • Annual dividend payment: ₹4.25

Menon Bearings Ltd Dividend v/s Menon Bearings Ltd Share price

History of Menon Bearings Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
24/07/2023
CASH
₹2.25
15/07/2023
24/07/2023
27/07/2022
CASH
₹2
20/07/2022
28/07/2022
27/10/2021
CASH
₹2
20/10/2021
28/10/2021
03/02/2021
CASH
₹1.50
27/01/2021
04/02/2021
20/03/2020
CASH
₹1.25
13/03/2020
23/03/2020
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FAQs

Menon Bearings Ltd current market price is ₹122.60 per share

Menon Bearings Ltd has declared dividend worth ₹2.25 in the last year.

Menon Bearings Ltd has declared dividend worth ₹2.25 in the latest quarter.

Menon Bearings Ltd has declared dividend on 15/07/2023 of ₹2.25.

Menon Bearings Ltd has declared dividend 1 times of ₹2.25 in the previous financial year (FY2023-2024)