511549
Morarka Finance Ltd
₹153.90
Morarka Finance Ltd Dividend 2024 : Should Morarka Finance Ltd be a part of your dividend portfolio?
Morarka Finance Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹69.01Cr. Its share price is ₹153.90 as on 29 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Morarka Finance Ltd gave ₹9 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 Morarka Finance Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Morarka Finance Ltd has declared dividend of ₹5 - translating a dividend yield of 5.85%.
Let's look at Morarka Finance Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Morarka Finance Ltd’s revenue were ₹0.75Cr in the quarter ending December 2023. The revenue grew by 66.67% year on year basis since last quarter.
- Morarka Finance Ltd’s profits were ₹0.37Cr in the quarter ending December 2023. The profits grew by 76.19% year on year basis since last quarter.
- Morarka Finance Ltd’s dividend was ₹5 in the quarter ending March 2023.
Morarka Finance Ltd Dividend related ratios:
- Last dividend date: 25/04/2023
- Current Dividend Yield: 5.85%
- Annual dividend payment: ₹9
History of Morarka Finance Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
18/09/2023 | CASH | ₹5 | 25/04/2023 | 19/09/2023 |
20/06/2022 | CASH | ₹4 | 29/04/2022 | 21/06/2022 |
28/07/2021 | CASH | ₹1 | 21/05/2021 | 30/07/2021 |
19/09/2018 | CASH | ₹1 | 28/05/2018 | 22/09/2018 |
14/09/2007 | CASH | ₹0.50 | 25/06/2007 | 18/09/2007 |
View More
