504132
Permanent Magnets Ltd
₹1,215
Permanent Magnets Ltd Dividend 2024 : Should Permanent Magnets Ltd be a part of your dividend portfolio?
Permanent Magnets Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹1,063.35Cr. Its share price is ₹1,215 as on 4 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Permanent Magnets Ltd gave ₹2.70 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 Permanent Magnets Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Permanent Magnets Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.22%.
Let's look at Permanent Magnets Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Permanent Magnets Ltd’s dividend was ₹1.50 in the quarter ending March 2023.
Permanent Magnets Ltd Dividend related ratios:
- Last dividend date: 17/05/2023
- Current Dividend Yield: 0.22%
- Annual dividend payment: ₹2.70
History of Permanent Magnets Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
23/08/2023 | CASH | ₹1.50 | 17/05/2023 | 23/08/2023 |
26/08/2022 | CASH | ₹1.20 | 30/05/2022 | 29/08/2022 |
09/08/2021 | CASH | ₹1 | 28/05/2021 | 10/08/2021 |
