MODISONLTD
Modison Ltd
₹136.30
Modison Ltd Dividend 2024 : Should Modison Ltd be a part of your dividend portfolio?
Modison Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹440.18Cr. Its share price is ₹136.30 as on 24 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Modison Ltd gave ₹1.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Industrials stocks do not always pay a dividend but as Modison Ltd pays dividends to reward its shareholders.
- In the quarter ending December 2023, Modison Ltd has declared dividend of ₹0.50 - translating a dividend yield of 1.10%.
Let's look at Modison Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Modison Ltd’s revenue were ₹107.86Cr in the quarter ending December 2023. The revenue grew by 37.88% year on year basis since last quarter.
- Modison Ltd’s profits were ₹4.08Cr in the quarter ending December 2023. The profits grew by 299.02% year on year basis since last quarter.
- Modison Ltd’s dividend was ₹0.50 in the quarter ending December 2023.
Modison Ltd Dividend related ratios:
- Last dividend date: 13/02/2024
- Current Dividend Yield: 1.10%
- Annual dividend payment: ₹1.50
History of Modison Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
23/02/2024 | CASH | ₹0.50 | 13/02/2024 | 23/02/2024 |
17/07/2023 | CASH | ₹1 | 25/05/2023 | 18/07/2023 |
23/02/2022 | CASH | ₹1 | 12/02/2022 | 24/02/2022 |
11/02/2021 | CASH | ₹1.50 | 03/02/2021 | 13/02/2021 |
19/03/2020 | CASH | ₹1 | 09/03/2020 | 20/03/2020 |
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