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 ₹37.89Cr. Its share price is ₹9.90 as on 9 November,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 14.14%.
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: 14.14%
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
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