MIDHANI

Mishra Dhatu Nigam Ltd

₹345

Mishra Dhatu Nigam Ltd Dividend 2024 : Should Mishra Dhatu Nigam Ltd be a part of your dividend portfolio?

Mishra Dhatu Nigam Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹6,467.91Cr. Its share price is ₹345 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Mishra Dhatu Nigam Ltd gave ₹4.76 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 Mishra Dhatu Nigam Ltd pays dividends to reward its shareholders.
In the quarter ending December 2023, Mishra Dhatu Nigam Ltd has declared dividend of ₹1.41 - translating a dividend yield of 1.38%.

Let's look at Mishra Dhatu Nigam Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

Mishra Dhatu Nigam Ltd’s revenue were ₹270.65Cr in the quarter ending September 2024. The revenue grew by 15.11% year on year basis since last quarter.
Mishra Dhatu Nigam Ltd’s profits were ₹23.55Cr in the quarter ending September 2024. The profits grew by 69.06% year on year basis since last quarter.
Mishra Dhatu Nigam Ltd’s dividend was ₹1.41 in the quarter ending December 2023.

Mishra Dhatu Nigam Ltd Dividend related ratios:

Last dividend date: 14/03/2024
Current Dividend Yield: 1.38%
Annual dividend payment: ₹4.76

History of Mishra Dhatu Nigam Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
22/03/2024	CASH	₹1.41	14/03/2024	22/03/2024
22/09/2023	CASH	₹1.67	25/05/2023	22/09/2023
23/03/2023	CASH	₹1.68	15/03/2023	23/03/2023
21/09/2022	CASH	₹1.54	26/05/2022	22/09/2022
22/03/2022	CASH	₹1.56	14/03/2022	23/03/2022