MMP Industries Ltd logo

MMP

MMP Industries Ltd

₹294.60

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 ₹767.92Cr. Its share price is ₹294.60 as on 19 July,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 ₹162.95Cr in the quarter ending March 2024. The revenue grew by 12.86% year on year basis since last quarter.
  • MMP Industries Ltd’s profits were ₹10.01Cr in the quarter ending March 2024. The profits grew by 45.28% 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

MMP Industries Ltd Dividend v/s MMP Industries Ltd Share price

History of MMP Industries Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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

FAQs

MMP Industries Ltd current market price is ₹294.60 per share

MMP Industries Ltd has declared dividend worth ₹1 in the latest quarter.

MMP Industries Ltd has declared dividend on 27/05/2023 of ₹1.

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