MORARJEE
Morarjee Textiles Ltd
₹20.65
Morarjee Textiles Ltd Dividend 2024 : Should Morarjee Textiles Ltd be a part of your dividend portfolio?
Morarjee Textiles Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹75.03Cr. Its share price is ₹20.65 as on 19 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Morarjee Textiles Ltd gave ₹1.40 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Consumer Cyclical stocks do not always pay a dividend but as Morarjee Textiles Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2017, Morarjee Textiles Ltd has declared dividend of ₹1.40 - translating a dividend yield of 6.78%.
Let's look at Morarjee Textiles Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Morarjee Textiles Ltd’s revenue were ₹9.32Cr in the quarter ending December 2023. The revenuefell by -84.34% year on year basis since last quarter.
- Morarjee Textiles Ltd’s profits were ₹-30.66Cr in the quarter ending December 2023. The profits grew by 20.63% year on year basis since last quarter.
- Morarjee Textiles Ltd’s dividend was ₹1.40 in the quarter ending March 2017.
Morarjee Textiles Ltd Dividend related ratios:
- Last dividend date: 16/05/2017
- Current Dividend Yield: 6.78%
- Annual dividend payment: ₹1.40
History of Morarjee Textiles Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
10/08/2017 | CASH | ₹1.40 | 16/05/2017 | 12/08/2017 |
19/07/2016 | CASH | ₹1.40 | 03/05/2016 | 21/07/2016 |
17/08/2015 | CASH | ₹1.75 | 09/05/2015 | 20/08/2015 |
18/09/2014 | CASH | ₹2.45 | 23/05/2014 | 20/09/2014 |
02/08/2013 | CASH | ₹1.75 | 28/05/2013 | 06/08/2013 |
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