Manba Finance Ltd Dividend 2024 : Should Manba Finance Ltd be a part of your dividend portfolio?
Manba Finance Ltd is one of the most popular Finance company in the world with a market capitalisation of ₹754.60Cr. Its share price is ₹144.98 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Manba Finance Ltd gave ₹0.25 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Finance stocks do not always pay a dividend but as Manba Finance Ltd pays dividends to reward its shareholders.
In the quarter ending September 2024, Manba Finance Ltd has declared dividend of ₹0.25 - translating a dividend yield of 0.17%.
Let's look at Manba Finance Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Manba Finance Ltd’s revenue were ₹64.62Cr in the quarter ending September 2024. The revenue grew by 23.89% year on year basis since last quarter.
Manba Finance Ltd’s profits were ₹11.64Cr in the quarter ending September 2024. The profits fell by -16.14% year on year basis since last quarter.
Manba Finance Ltd’s dividend was ₹0.25 in the quarter ending September 2024.
Manba Finance Ltd Dividend related ratios:
Last dividend date: 24/10/2024
Current Dividend Yield: 0.17%
Annual dividend payment: ₹0.25
History of Manba Finance Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
04/11/2024
CASH
₹0.25
24/10/2024
04/11/2024
Manba Finance Ltd Dividend v/s Manba Finance Ltd Share price