Manaksia Coated Metals & Industries Ltd Dividend 2024 : Should Manaksia Coated Metals & Industries Ltd be a part of your dividend portfolio?
Manaksia Coated Metals & Industries Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹474.80Cr. Its share price is ₹63.52 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Manaksia Coated Metals & Industries Ltd gave ₹0.08 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Industrials stocks do not always pay a dividend but as Manaksia Coated Metals & Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Manaksia Coated Metals & Industries Ltd has declared dividend of ₹0.05 - translating a dividend yield of 0.13%.
Let's look at Manaksia Coated Metals & Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Manaksia Coated Metals & Industries Ltd’s revenue were ₹177.81Cr in the quarter ending September 2024. The revenuefell by -9.24% year on year basis since last quarter.
Manaksia Coated Metals & Industries Ltd’s profits were ₹2.36Cr in the quarter ending September 2024. The profits grew by 17.41% year on year basis since last quarter.
Manaksia Coated Metals & Industries Ltd’s dividend was ₹0.05 in the quarter ending March 2024.
Manaksia Coated Metals & Industries Ltd Dividend related ratios:
Last dividend date: 10/05/2024
Current Dividend Yield: 0.13%
Annual dividend payment: ₹0.08
History of Manaksia Coated Metals & Industries Ltd's Dividend payments