MARINE
Marine Electricals (India) Ltd
₹227.81
Marine Electricals (India) Ltd Dividend 2024 : Should Marine Electricals (India) Ltd be a part of your dividend portfolio?
Marine Electricals (India) Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹3,142.51Cr. Its share price is ₹227.81 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Marine Electricals (India) Ltd gave ₹0.20 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Industrials stocks do not always pay a dividend but as Marine Electricals (India) Ltd pays dividends to reward its shareholders.
- In the quarter ending June 2024, Marine Electricals (India) Ltd has declared dividend of ₹0.20 - translating a dividend yield of 0.09%.
Let's look at Marine Electricals (India) Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Marine Electricals (India) Ltd’s revenue were ₹186.23Cr in the quarter ending September 2024. The revenue grew by 33.97% year on year basis since last quarter.
- Marine Electricals (India) Ltd’s profits were ₹12.72Cr in the quarter ending September 2024. The profits grew by 171.79% year on year basis since last quarter.
- Marine Electricals (India) Ltd’s dividend was ₹0.20 in the quarter ending June 2024.
Marine Electricals (India) Ltd Dividend related ratios:
- Last dividend date: 12/08/2024
- Current Dividend Yield: 0.09%
- Annual dividend payment: ₹0.20
History of Marine Electricals (India) Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
20/09/2024 | CASH | ₹0.20 | 12/08/2024 | 20/09/2024 |
20/09/2021 | CASH | ₹0.20 | 07/06/2021 | 21/09/2021 |
