Manorama Industries Ltd Dividend 2024 : Should Manorama Industries Ltd be a part of your dividend portfolio?
Manorama Industries Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹6,790.72Cr. Its share price is ₹1,139.15 as on 22 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Manorama Industries Ltd gave ₹0.40 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Consumer Defensive stocks do not always pay a dividend but as Manorama Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Manorama Industries Ltd has declared dividend of ₹0.40 - translating a dividend yield of 0.04%.
Let's look at Manorama Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Manorama Industries Ltd’s revenue were ₹198.90Cr in the quarter ending September 2024. The revenue grew by 65.99% year on year basis since last quarter.
Manorama Industries Ltd’s profits were ₹26.71Cr in the quarter ending September 2024. The profits grew by 210.22% year on year basis since last quarter.
Manorama Industries Ltd’s dividend was ₹0.40 in the quarter ending March 2024.
Manorama Industries Ltd Dividend related ratios:
Last dividend date: 12/05/2024
Current Dividend Yield: 0.04%
Annual dividend payment: ₹0.40
History of Manorama Industries Ltd's Dividend payments