Maral Overseas Ltd Dividend 2024 : Should Maral Overseas Ltd be a part of your dividend portfolio?
Maral Overseas Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹303.94Cr. Its share price is ₹70.36 as on 22 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Maral Overseas Ltd gave ₹2 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 Maral Overseas Ltd pays dividends to reward its shareholders.
In the quarter ending March 2022, Maral Overseas Ltd has declared dividend of ₹2 - translating a dividend yield of 2.84%.
Let's look at Maral Overseas Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Maral Overseas Ltd’s revenue were ₹274.51Cr in the quarter ending September 2024. The revenue grew by 10.34% year on year basis since last quarter.
Maral Overseas Ltd’s profits were ₹-6.96Cr in the quarter ending September 2024. The profits fell by -203.93% year on year basis since last quarter.
Maral Overseas Ltd’s dividend was ₹2 in the quarter ending March 2022.