Mangalam Worldwide Ltd Dividend 2024 : Should Mangalam Worldwide Ltd be a part of your dividend portfolio?
Mangalam Worldwide Ltd is one of the most popular Steel company in the world with a market capitalisation of ₹391.89Cr. Its share price is ₹159.95 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Mangalam Worldwide Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Steel stocks do not always pay a dividend but as Mangalam Worldwide Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Mangalam Worldwide Ltd has declared dividend of ₹1 - translating a dividend yield of 0.63%.
Let's look at Mangalam Worldwide Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Mangalam Worldwide Ltd’s revenue were ₹239.48Cr in the quarter ending September 2024. The revenue grew by 19.7% year on year basis since last quarter.
Mangalam Worldwide Ltd’s profits were ₹6.94Cr in the quarter ending September 2024. The profits grew by 225.82% year on year basis since last quarter.
Mangalam Worldwide Ltd’s dividend was ₹1 in the quarter ending March 2024.
Mangalam Worldwide Ltd Dividend related ratios:
Last dividend date: 19/04/2024
Current Dividend Yield: 0.63%
Annual dividend payment: ₹1
History of Mangalam Worldwide Ltd's Dividend payments