Magna Electro Castings Ltd

₹789

Magna Electro Castings Ltd Dividend 2024 : Should Magna Electro Castings Ltd be a part of your dividend portfolio?

Magna Electro Castings Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹327.31Cr. Its share price is ₹789 as on 20 February,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Magna Electro Castings Ltd gave ₹8 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 Magna Electro Castings Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Magna Electro Castings Ltd has declared dividend of ₹5 - translating a dividend yield of 1.01%.

Let's look at Magna Electro Castings Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

Magna Electro Castings Ltd’s revenue were ₹43.45Cr in the quarter ending December 2024. The revenue grew by 22.46% year on year basis since last quarter.
Magna Electro Castings Ltd’s profits were ₹4.86Cr in the quarter ending December 2024. The profits grew by 37.68% year on year basis since last quarter.
Magna Electro Castings Ltd’s dividend was ₹5 in the quarter ending March 2024.

Magna Electro Castings Ltd Dividend related ratios:

Last dividend date: 29/05/2024
Current Dividend Yield: 1.01%
Annual dividend payment: ₹8

History of Magna Electro Castings Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
09/08/2024	CASH	₹5	29/05/2024	09/08/2024
18/08/2023	CASH	₹3	30/05/2023	19/08/2023
18/08/2022	CASH	₹2.50	30/05/2022	19/08/2022
15/09/2021	CASH	₹1.50	25/06/2021	16/09/2021
25/02/2020	CASH	₹2.50	13/02/2020	26/02/2020