509760
Modern Shares & Stockbrokers Ltd
₹21.73
Modern Shares & Stockbrokers Ltd Dividend 2023 : 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 ₹6.45Cr. Its share price is ₹21.73 as on 22 September,2023.
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 4.60%.
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 ₹0.72Cr in the quarter ending June 2023. The revenuefell by -2.7% year on year basis since last quarter.
- Modern Shares & Stockbrokers Ltd’s profits were ₹0.06Cr in the quarter ending June 2023. The profits grew by 500% 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: 4.60%
- Annual dividend payment: ₹1
History of Modern Shares & Stockbrokers Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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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