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509760

Modern Shares & Stockbrokers Ltd

₹54.20

Modern Shares & Stockbrokers Ltd Dividend 2024 : Should Modern Shares & Stockbrokers Ltd be a part of your dividend portfolio?

Modern Shares & Stockbrokers Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹15.83Cr. Its share price is ₹54.20 as on 19 July,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Modern Shares & Stockbrokers 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 Modern Shares & Stockbrokers Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2018, Modern Shares & Stockbrokers Ltd has declared dividend of ₹0.50 - translating a dividend yield of 1.85%.

Let's look at Modern Shares & Stockbrokers Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Modern Shares & Stockbrokers Ltd’s revenue were ₹0.95Cr in the quarter ending March 2024. The revenue grew by 55.74% year on year basis since last quarter.
  • Modern Shares & Stockbrokers Ltd’s profits were ₹0.09Cr in the quarter ending March 2024. The profits grew by 1000% year on year basis since last quarter.
  • Modern Shares & Stockbrokers Ltd’s dividend was ₹0.50 in the quarter ending March 2018.

Modern Shares & Stockbrokers Ltd Dividend related ratios:

  • Last dividend date: 23/05/2018
  • Current Dividend Yield: 1.85%
  • Annual dividend payment: ₹1

History of Modern Shares & Stockbrokers Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
24/07/2018
CASH
₹0.50
23/05/2018
26/07/2018
19/07/2017
CASH
₹0.50
24/05/2017
21/07/2017
01/07/2016
CASH
₹0.50
20/05/2016
05/07/2016
24/07/2015
CASH
₹1
29/05/2015
28/07/2015
16/09/2014
CASH
₹1
31/05/2014
18/09/2014
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FAQs

Modern Shares & Stockbrokers Ltd current market price is ₹54.20 per share

Modern Shares & Stockbrokers Ltd has declared dividend worth ₹0.50 in the latest quarter.

Modern Shares & Stockbrokers Ltd has declared dividend on 23/05/2018 of ₹0.50.