Motherson Sumi Wiring India Ltd Dividend 2023 : Should Motherson Sumi Wiring India Ltd be a part of your dividend portfolio?
Motherson Sumi Wiring India Ltd is one of the most popular Auto Ancillaries company in the world with a market capitalisation of ₹28,746.04Cr. Its share price is ₹64.90 as on 21 September,2023.
The dividend is a percentage of earnings paid out to shareholders. Last year, Motherson Sumi Wiring India Ltd gave ₹1.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Auto Ancillaries stocks do not always pay a dividend but as Motherson Sumi Wiring India Ltd pays dividends to reward its shareholders.
In the quarter ending March 2023, Motherson Sumi Wiring India Ltd has declared dividend of ₹0.65 - translating a dividend yield of 2.31%.
Let's look at Motherson Sumi Wiring India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Motherson Sumi Wiring India Ltd’s revenue were ₹1,872.34Cr in the quarter ending June 2023. The revenue grew by 11.54% year on year basis since last quarter.
Motherson Sumi Wiring India Ltd’s profits were ₹123.13Cr in the quarter ending June 2023. The profits fell by -2.25% year on year basis since last quarter.
Motherson Sumi Wiring India Ltd’s dividend was ₹0.65 in the quarter ending March 2023.
Motherson Sumi Wiring India Ltd Dividend related ratios:
Last dividend date: 19/05/2023
Current Dividend Yield: 2.31%
Annual dividend payment: ₹1.50
Motherson Sumi Wiring India Ltd Dividend v/s Motherson Sumi Wiring India Ltd Share price
History of Motherson Sumi Wiring India Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
09/08/2023
CASH
₹0.65
19/05/2023
10/08/2023
12/08/2022
CASH
₹0.85
26/05/2022
18/08/2022
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