Maan Aluminium Ltd Dividend 2024 : Should Maan Aluminium Ltd be a part of your dividend portfolio?
Maan Aluminium Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹806.95Cr. Its share price is ₹147.95 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Maan Aluminium Ltd gave ₹4 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Basic Materials stocks do not always pay a dividend but as Maan Aluminium Ltd pays dividends to reward its shareholders.
- In the quarter ending December 2022, Maan Aluminium Ltd has declared dividend of ₹1 - translating a dividend yield of 2.70%.
Let's look at Maan Aluminium Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Maan Aluminium Ltd’s dividend was ₹1 in the quarter ending December 2022.
Maan Aluminium Ltd Dividend related ratios:
- Last dividend date: 02/02/2023
- Current Dividend Yield: 2.70%
- Annual dividend payment: ₹4