MARICO
Marico Ltd
₹591.05
Marico Ltd Dividend 2024 : Should Marico Ltd be a part of your dividend portfolio?
Marico Ltd is one of the most popular Consumer Defensive company in the world with a market capitalisation of ₹76,515.49Cr. Its share price is ₹591.05 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Marico Ltd gave ₹14 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 Marico Ltd pays dividends to reward its shareholders.
- In the quarter ending December 2023, Marico Ltd has declared dividend of ₹6.50 - translating a dividend yield of 2.37%.
Let's look at Marico Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Marico Ltd’s revenue were ₹2,746Cr in the quarter ending September 2024. The revenue grew by 9.23% year on year basis since last quarter.
- Marico Ltd’s profits were ₹423Cr in the quarter ending September 2024. The profits grew by 19.83% year on year basis since last quarter.
- Marico Ltd’s dividend was ₹6.50 in the quarter ending December 2023.
Marico Ltd Dividend related ratios:
- Last dividend date: 27/02/2024
- Current Dividend Yield: 2.37%
- Annual dividend payment: ₹14
History of Marico Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
06/03/2024 | CASH | ₹6.50 | 27/02/2024 | 06/03/2024 |
07/11/2023 | CASH | ₹3 | 30/10/2023 | 07/11/2023 |
08/03/2023 | CASH | ₹4.50 | 27/02/2023 | 08/03/2023 |
04/02/2022 | CASH | ₹6.25 | 28/01/2022 | 07/02/2022 |
08/11/2021 | CASH | ₹3 | 28/10/2021 | 09/11/2021 |
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