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507621

Milkfood Ltd

₹515

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 ₹266.37Cr. Its share price is ₹515 as on 29 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 0.97%.

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: 0.97%
  • Annual dividend payment: ₹5

Milkfood Ltd Dividend v/s Milkfood Ltd Share price

History of Milkfood Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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

FAQs

Milkfood Ltd current market price is ₹515 per share

Milkfood Ltd has declared dividend worth ₹2.50 in the last year.

Milkfood Ltd has declared dividend worth ₹2.50 in the latest quarter.

Milkfood Ltd has declared dividend on 16/11/2023 of ₹2.50.

Milkfood Ltd has declared dividend 1 times of ₹2.50 in the previous financial year (FY2023-2024)