MINDACORP
Minda Corporation Ltd
₹479
Minda Corporation Ltd Dividend 2024 : Should Minda Corporation Ltd be a part of your dividend portfolio?
Minda Corporation Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹11,594.16Cr. Its share price is ₹479 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Minda Corporation Ltd gave ₹1.40 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 Minda Corporation Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Minda Corporation Ltd has declared dividend of ₹0.90 - translating a dividend yield of 0.29%.
Let's look at Minda Corporation Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Minda Corporation Ltd’s revenue were ₹1,301.66Cr in the quarter ending September 2024. The revenue grew by 8.66% year on year basis since last quarter.
- Minda Corporation Ltd’s profits were ₹74.34Cr in the quarter ending September 2024. The profits grew by 26.49% year on year basis since last quarter.
- Minda Corporation Ltd’s dividend was ₹0.90 in the quarter ending March 2024.
Minda Corporation Ltd Dividend related ratios:
- Last dividend date: 22/05/2024
- Current Dividend Yield: 0.29%
- Annual dividend payment: ₹1.40
History of Minda Corporation Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
07/08/2024 | CASH | ₹0.90 | 22/05/2024 | 07/08/2024 |
14/02/2024 | CASH | ₹0.50 | 01/02/2024 | 14/02/2024 |
21/07/2023 | CASH | ₹0.80 | 19/05/2023 | 24/07/2023 |
17/02/2023 | CASH | ₹0.40 | 08/02/2023 | 18/02/2023 |
21/07/2022 | CASH | ₹0.70 | 17/05/2022 | 25/07/2022 |
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