MINDACORP
Minda Corporation Ltd
₹410
Minda Corporation Ltd Dividend 2024 : Should Minda Corporation Ltd be a part of your dividend portfolio?
Minda Corporation Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹9,906.26Cr. Its share price is ₹410 as on 26 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Minda Corporation Ltd gave ₹1.70 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 Minda Corporation Ltd pays dividends to reward its shareholders.
- In the quarter ending December 2023, Minda Corporation Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.41%.
Let's look at Minda Corporation Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Minda Corporation Ltd’s revenue were ₹1,167.79Cr in the quarter ending December 2023. The revenue grew by 8.84% year on year basis since last quarter.
- Minda Corporation Ltd’s profits were ₹52.49Cr in the quarter ending December 2023. The profits grew by 0.44% year on year basis since last quarter.
- Minda Corporation Ltd’s dividend was ₹0.50 in the quarter ending December 2023.
Minda Corporation Ltd Dividend related ratios:
- Last dividend date: 01/02/2024
- Current Dividend Yield: 0.41%
- Annual dividend payment: ₹1.70
History of Minda Corporation Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
14/02/2024 | CASH | ₹0.50 | 01/02/2024 | 14/02/2024 |
21/07/2023 | CASH | ₹0.80 | 19/05/2023 | 24/07/2023 |
17/02/2023 | CASH | ₹0.40 | 08/02/2023 | 18/02/2023 |
21/07/2022 | CASH | ₹0.70 | 17/05/2022 | 25/07/2022 |
15/02/2022 | CASH | ₹0.30 | 04/02/2022 | 16/02/2022 |
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