Mazagon Dock Shipbuilders Ltd Dividend 2024 : Should Mazagon Dock Shipbuilders Ltd be a part of your dividend portfolio?
Mazagon Dock Shipbuilders Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹82,182.62Cr. Its share price is ₹4,075.55 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Mazagon Dock Shipbuilders Ltd gave ₹50.64 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 Mazagon Dock Shipbuilders Ltd pays dividends to reward its shareholders.
- In the quarter ending September 2024, Mazagon Dock Shipbuilders Ltd has declared dividend of ₹23.19 - translating a dividend yield of 1.24%.
Let's look at Mazagon Dock Shipbuilders Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Mazagon Dock Shipbuilders Ltd’s revenue were ₹3,011.11Cr in the quarter ending September 2024. The revenue grew by 44.82% year on year basis since last quarter.
- Mazagon Dock Shipbuilders Ltd’s profits were ₹585.08Cr in the quarter ending September 2024. The profits grew by 75.76% year on year basis since last quarter.
- Mazagon Dock Shipbuilders Ltd’s dividend was ₹23.19 in the quarter ending September 2024.
Mazagon Dock Shipbuilders Ltd Dividend related ratios:
- Last dividend date: 22/10/2024
- Current Dividend Yield: 1.24%
- Annual dividend payment: ₹50.64