517449
Magna Electro Castings Ltd
₹999.45
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 ₹420.78Cr. Its share price is ₹999.45 as on 21 November,2024.
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 0.80%.
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 ₹46.14Cr in the quarter ending September 2024. The revenue grew by 23.87% year on year basis since last quarter.
- Magna Electro Castings Ltd’s profits were ₹6.72Cr in the quarter ending September 2024. The profits grew by 78.25% 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: 0.80%
- 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 |
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