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MUNJALAU

Munjal Auto Industries Ltd

₹81.55

Munjal Auto Industries Ltd Dividend 2024 : Should Munjal Auto Industries Ltd be a part of your dividend portfolio?

Munjal Auto Industries Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹819Cr. Its share price is ₹81.55 as on 29 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Munjal Auto Industries Ltd gave ₹3 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 Munjal Auto Industries Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Munjal Auto Industries Ltd has declared dividend of ₹2 - translating a dividend yield of 3.68%.

Let's look at Munjal Auto Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Munjal Auto Industries Ltd’s revenue were ₹441.31Cr in the quarter ending March 2024. The revenuefell by -9.23% year on year basis since last quarter.
  • Munjal Auto Industries Ltd’s profits were ₹27.15Cr in the quarter ending March 2024. The profits grew by 647.93% year on year basis since last quarter.
  • Munjal Auto Industries Ltd’s dividend was ₹2 in the quarter ending March 2023.

Munjal Auto Industries Ltd Dividend related ratios:

  • Last dividend date: 23/05/2023
  • Current Dividend Yield: 3.68%
  • Annual dividend payment: ₹3

Munjal Auto Industries Ltd Dividend v/s Munjal Auto Industries Ltd Share price

History of Munjal Auto Industries Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
25/08/2023
CASH
₹2
23/05/2023
27/08/2023
08/09/2022
CASH
₹1
27/05/2022
10/09/2022
22/08/2019
CASH
₹1
22/05/2019
26/08/2019
14/08/2018
CASH
₹1.20
28/05/2018
20/08/2018
22/06/2017
CASH
₹2
22/05/2017
26/06/2017
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FAQs

Munjal Auto Industries Ltd current market price is ₹81.55 per share

Munjal Auto Industries Ltd has declared dividend worth ₹2 in the latest quarter.

Munjal Auto Industries Ltd has declared dividend on 23/05/2023 of ₹2.

Munjal Auto Industries Ltd has declared dividend 1 times of ₹2 in the previous financial year (FY2023-2024)