Mahindra EPC Irrigation Ltd Dividend 2024 : Should Mahindra EPC Irrigation Ltd be a part of your dividend portfolio?
Mahindra EPC Irrigation Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹301.41Cr. Its share price is ₹108.39 as on 17 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Mahindra EPC Irrigation Ltd gave ₹2.40 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 Mahindra EPC Irrigation Ltd pays dividends to reward its shareholders.
In the quarter ending March 2021, Mahindra EPC Irrigation Ltd has declared dividend of ₹1.20 - translating a dividend yield of 2.21%.
Let's look at Mahindra EPC Irrigation Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Mahindra EPC Irrigation Ltd’s revenue were ₹50.65Cr in the quarter ending September 2024. The revenuefell by -12.61% year on year basis since last quarter.
Mahindra EPC Irrigation Ltd’s profits were ₹-2.76Cr in the quarter ending September 2024. The profits fell by -305.88% year on year basis since last quarter.
Mahindra EPC Irrigation Ltd’s dividend was ₹1.20 in the quarter ending March 2021.
Mahindra EPC Irrigation Ltd Dividend related ratios:
Last dividend date: 11/05/2021
Current Dividend Yield: 2.21%
Annual dividend payment: ₹2.40
History of Mahindra EPC Irrigation Ltd's Dividend payments