MTAR Technologies Ltd Dividend 2024 : Should MTAR Technologies Ltd be a part of your dividend portfolio?
MTAR Technologies Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹5,812.02Cr. Its share price is ₹1,887.70 as on 24 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, MTAR Technologies Ltd gave ₹6 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Industrials stocks do not always pay a dividend but as MTAR Technologies Ltd pays dividends to reward its shareholders.
In the quarter ending December 2021, MTAR Technologies Ltd has declared dividend of ₹3 - translating a dividend yield of 0.32%.
Let's look at MTAR Technologies Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
MTAR Technologies Ltd’s revenue were ₹143.35Cr in the quarter ending March 2024. The revenuefell by -28.66% year on year basis since last quarter.
MTAR Technologies Ltd’s profits were ₹4.87Cr in the quarter ending March 2024. The profits fell by -84.33% year on year basis since last quarter.
MTAR Technologies Ltd’s dividend was ₹3 in the quarter ending December 2021.