MMP
MMP Industries Ltd
₹310.45
MMP Industries Ltd Dividend 2024 : Should MMP Industries Ltd be a part of your dividend portfolio?
MMP Industries Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹788.62Cr. Its share price is ₹310.45 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, MMP Industries Ltd gave ₹2.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Basic Materials stocks do not always pay a dividend but as MMP Industries Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, MMP Industries Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.81%.
Let's look at MMP Industries Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- MMP Industries Ltd’s revenue were ₹146.66Cr in the quarter ending September 2024. The revenue grew by 14.61% year on year basis since last quarter.
- MMP Industries Ltd’s profits were ₹5.83Cr in the quarter ending September 2024. The profits grew by 24.84% year on year basis since last quarter.
- MMP Industries Ltd’s dividend was ₹1.50 in the quarter ending March 2024.
MMP Industries Ltd Dividend related ratios:
- Last dividend date: 24/05/2024
- Current Dividend Yield: 0.81%
- Annual dividend payment: ₹2.50
History of MMP Industries Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
19/08/2024 | CASH | ₹1.50 | 24/05/2024 | 20/08/2024 |
18/08/2023 | CASH | ₹1 | 27/05/2023 | 18/08/2023 |
18/08/2022 | CASH | ₹1 | 30/05/2022 | 19/08/2022 |
02/09/2021 | CASH | ₹1 | 23/06/2021 | 03/09/2021 |
