MRF
MRF Ltd
₹1,33,019.50
MRF Ltd Dividend 2024 : Should MRF Ltd be a part of your dividend portfolio?
MRF Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹56,394.71Cr. Its share price is ₹1,33,019.50 as on 2 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, MRF Ltd gave ₹178 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 MRF Ltd pays dividends to reward its shareholders.
- In the quarter ending December 2023, MRF Ltd has declared dividend of ₹3 - translating a dividend yield of 0.13%.
Let's look at MRF Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- MRF Ltd’s revenue were ₹6,240.08Cr in the quarter ending December 2023. The revenue grew by 9.17% year on year basis since last quarter.
- MRF Ltd’s profits were ₹509.71Cr in the quarter ending December 2023. The profits grew by 191.55% year on year basis since last quarter.
- MRF Ltd’s dividend was ₹3 in the quarter ending December 2023.
MRF Ltd Dividend related ratios:
- Last dividend date: 09/02/2024
- Current Dividend Yield: 0.13%
- Annual dividend payment: ₹178
History of MRF Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
21/02/2024 | CASH | ₹3 | 09/02/2024 | 21/02/2024 |
17/11/2023 | CASH | ₹3 | 03/11/2023 | 17/11/2023 |
20/07/2023 | CASH | ₹169 | 03/05/2023 | 21/07/2023 |
21/02/2023 | CASH | ₹3 | 09/02/2023 | 21/02/2023 |
17/11/2022 | CASH | ₹3 | 08/11/2022 | 18/11/2022 |
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