Minal Industries Ltd Dividend 2023 : Should Minal Industries Ltd be a part of your dividend portfolio?
Minal Industries Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹80.21Cr. Its share price is ₹4.26 as on 22 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Minal Industries Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Financial Services stocks do not always pay a dividend but as Minal Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2010, Minal Industries Ltd has declared dividend of ₹1 - translating a dividend yield of 23.47%.
Let's look at Minal Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Minal Industries Ltd’s revenue were ₹7.24Cr in the quarter ending June 2023. The revenue grew by 78.77% year on year basis since last quarter.
Minal Industries Ltd’s profits were ₹0.84Cr in the quarter ending June 2023. The profits grew by 18.45% year on year basis since last quarter.
Minal Industries Ltd’s dividend was ₹1 in the quarter ending March 2010.
Minal Industries Ltd Dividend related ratios:
Last dividend date: 31/05/2010
Current Dividend Yield: 23.47%
Annual dividend payment: ₹1
History of Minal Industries Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
21/12/2010
CASH
₹1
31/05/2010
23/12/2010
28/07/2005
CASH
₹0
04/07/2005
30/07/2005
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