MSUMI
Motherson Sumi Wiring India Ltd
₹64.90
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
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 |
