MGL

Mahanagar Gas Ltd

₹1,334.45

Mahanagar Gas Ltd Dividend 2024 : Should Mahanagar Gas Ltd be a part of your dividend portfolio?

Mahanagar Gas Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹13,251.04Cr. Its share price is ₹1,334.45 as on 21 February,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Mahanagar Gas Ltd gave ₹30 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

Utilities stocks do not always pay a dividend but as Mahanagar Gas Ltd pays dividends to reward its shareholders.
In the quarter ending December 2024, Mahanagar Gas Ltd has declared dividend of ₹12 - translating a dividend yield of 2.25%.

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

Mahanagar Gas Ltd’s revenue were ₹1,889.40Cr in the quarter ending December 2024. The revenue grew by 16.86% year on year basis since last quarter.
Mahanagar Gas Ltd’s profits were ₹221.24Cr in the quarter ending December 2024. The profits fell by -30.25% year on year basis since last quarter.
Mahanagar Gas Ltd’s dividend was ₹12 in the quarter ending December 2024.

Mahanagar Gas Ltd Dividend related ratios:

Last dividend date: 28/01/2025
Current Dividend Yield: 2.25%
Annual dividend payment: ₹30

History of Mahanagar Gas Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
03/02/2025	CASH	₹12	28/01/2025	03/02/2025
14/08/2024	CASH	₹18	09/05/2024	14/08/2024
05/02/2024	CASH	₹12	23/01/2024	05/02/2024
14/08/2023	CASH	₹16	08/05/2023	16/08/2023
14/02/2023	CASH	₹10	02/02/2023	14/02/2023