507621
Milkfood Ltd
₹524
Milkfood Ltd Dividend 2024 : Should Milkfood Ltd be a part of your dividend portfolio?
Milkfood Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹267.19Cr. Its share price is ₹524 as on 16 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Milkfood Ltd gave ₹5 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Consumer Defensive stocks do not always pay a dividend but as Milkfood Ltd pays dividends to reward its shareholders.
- In the quarter ending September 2023, Milkfood Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.95%.
Let's look at Milkfood Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Milkfood Ltd’s revenue were ₹115Cr in the quarter ending December 2023. The revenuefell by -23.72% year on year basis since last quarter.
- Milkfood Ltd’s profits were ₹1.17Cr in the quarter ending December 2023. The profits fell by -64.22% year on year basis since last quarter.
- Milkfood Ltd’s dividend was ₹2.50 in the quarter ending September 2023.
Milkfood Ltd Dividend related ratios:
- Last dividend date: 16/11/2023
- Current Dividend Yield: 0.95%
- Annual dividend payment: ₹5
History of Milkfood Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
29/11/2023 | CASH | ₹2.50 | 16/11/2023 | 29/11/2023 |
30/11/2022 | CASH | ₹2.50 | 19/11/2022 | 30/11/2022 |
