Mawana Sugars Ltd Dividend 2024 : Should Mawana Sugars Ltd be a part of your dividend portfolio?
Mawana Sugars Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹393.16Cr. Its share price is ₹100.40 as on 17 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Mawana Sugars Ltd gave ₹7 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 Mawana Sugars Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Mawana Sugars Ltd has declared dividend of ₹4 - translating a dividend yield of 6.97%.
Let's look at Mawana Sugars Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Mawana Sugars Ltd’s revenue were ₹382.94Cr in the quarter ending September 2024. The revenuefell by -5.89% year on year basis since last quarter.
Mawana Sugars Ltd’s profits were ₹-20.19Cr in the quarter ending September 2024. The profits fell by -76.8% year on year basis since last quarter.
Mawana Sugars Ltd’s dividend was ₹4 in the quarter ending March 2024.