Monarch Networth Capital Ltd Dividend 2024 : Should Monarch Networth Capital Ltd be a part of your dividend portfolio?
Monarch Networth Capital Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹3,235.73Cr. Its share price is ₹412.30 as on 13 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Monarch Networth Capital Ltd gave ₹2 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 Monarch Networth Capital Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Monarch Networth Capital Ltd has declared dividend of ₹1 - translating a dividend yield of 0.49%.
Let's look at Monarch Networth Capital Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Monarch Networth Capital Ltd’s revenue were ₹84.95Cr in the quarter ending June 2024. The revenue grew by 100.31% year on year basis since last quarter.
Monarch Networth Capital Ltd’s profits were ₹40.06Cr in the quarter ending June 2024. The profits grew by 135.23% year on year basis since last quarter.
Monarch Networth Capital Ltd’s dividend was ₹1 in the quarter ending March 2024.
Monarch Networth Capital Ltd Dividend related ratios:
Last dividend date: 24/05/2024
Current Dividend Yield: 0.49%
Annual dividend payment: ₹2
History of Monarch Networth Capital Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
02/08/2024
CASH
₹1
24/05/2024
02/08/2024
15/09/2023
CASH
₹1
25/05/2023
15/09/2023
14/09/2022
CASH
₹1
30/05/2022
16/09/2022
21/09/2021
CASH
₹1
18/06/2021
23/09/2021
Monarch Networth Capital Ltd Dividend v/s Monarch Networth Capital Ltd Share price
Discover More Dividend Stocks in Financial Services Sector