MENONBE
Menon Bearings Ltd
₹124.52
Menon Bearings Ltd Dividend 2024 : Should Menon Bearings Ltd be a part of your dividend portfolio?
Menon Bearings Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹694.90Cr. Its share price is ₹124.52 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Menon Bearings 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 Menon Bearings Ltd pays dividends to reward its shareholders.
- In the quarter ending June 2024, Menon Bearings Ltd has declared dividend of ₹2 - translating a dividend yield of 1.61%.
Let's look at Menon Bearings Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Menon Bearings Ltd’s revenue were ₹60.35Cr in the quarter ending September 2024. The revenue grew by 16.73% year on year basis since last quarter.
- Menon Bearings Ltd’s profits were ₹6.70Cr in the quarter ending September 2024. The profits grew by 12.23% year on year basis since last quarter.
- Menon Bearings Ltd’s dividend was ₹2 in the quarter ending June 2024.
Menon Bearings Ltd Dividend related ratios:
- Last dividend date: 18/07/2024
- Current Dividend Yield: 1.61%
- Annual dividend payment: ₹2
History of Menon Bearings Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
26/07/2024 | CASH | ₹2 | 18/07/2024 | 26/07/2024 |
24/07/2023 | CASH | ₹2.25 | 15/07/2023 | 24/07/2023 |
27/07/2022 | CASH | ₹2 | 20/07/2022 | 28/07/2022 |
27/10/2021 | CASH | ₹2 | 20/10/2021 | 28/10/2021 |
03/02/2021 | CASH | ₹1.50 | 27/01/2021 | 04/02/2021 |
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