MMP
MMP Industries Ltd
₹295.45
MMP Industries Ltd Dividend 2024 : Should MMP Industries Ltd be a part of your dividend portfolio?
MMP Industries Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹758.52Cr. Its share price is ₹295.45 as on 25 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, MMP Industries Ltd gave ₹2 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Basic Materials stocks do not always pay a dividend but as MMP Industries Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, MMP Industries Ltd has declared dividend of ₹1 - translating a dividend yield of 0.68%.
Let's look at MMP Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- MMP Industries Ltd’s revenue were ₹143.09Cr in the quarter ending December 2023. The revenue grew by 11.26% year on year basis since last quarter.
- MMP Industries Ltd’s profits were ₹8.93Cr in the quarter ending December 2023. The profits grew by 41.97% year on year basis since last quarter.
- MMP Industries Ltd’s dividend was ₹1 in the quarter ending March 2023.
MMP Industries Ltd Dividend related ratios:
- Last dividend date: 27/05/2023
- Current Dividend Yield: 0.68%
- Annual dividend payment: ₹2
History of MMP Industries Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
18/08/2023 | CASH | ₹1 | 27/05/2023 | 18/08/2023 |
18/08/2022 | CASH | ₹1 | 30/05/2022 | 19/08/2022 |
02/09/2021 | CASH | ₹1 | 23/06/2021 | 03/09/2021 |
