509760
Modern Shares & Stockbrokers Ltd
₹50
Modern Shares & Stockbrokers Ltd Dividend 2024 : Should Modern Shares & Stockbrokers Ltd be a part of your dividend portfolio?
Modern Shares & Stockbrokers Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹15.21Cr. Its share price is ₹50 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Modern Shares & Stockbrokers Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Financial Services stocks do not always pay a dividend but as Modern Shares & Stockbrokers Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2018, Modern Shares & Stockbrokers Ltd has declared dividend of ₹0.50 - translating a dividend yield of 2%.
Let's look at Modern Shares & Stockbrokers Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Modern Shares & Stockbrokers Ltd’s revenue were ₹1.12Cr in the quarter ending September 2024. The revenue grew by 27.27% year on year basis since last quarter.
- Modern Shares & Stockbrokers Ltd’s profits were ₹0.19Cr in the quarter ending September 2024. The profits grew by 18.75% year on year basis since last quarter.
- Modern Shares & Stockbrokers Ltd’s dividend was ₹0.50 in the quarter ending March 2018.
Modern Shares & Stockbrokers Ltd Dividend related ratios:
- Last dividend date: 23/05/2018
- Current Dividend Yield: 2%
- Annual dividend payment: ₹1
History of Modern Shares & Stockbrokers Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
24/07/2018 | CASH | ₹0.50 | 23/05/2018 | 26/07/2018 |
19/07/2017 | CASH | ₹0.50 | 24/05/2017 | 21/07/2017 |
01/07/2016 | CASH | ₹0.50 | 20/05/2016 | 05/07/2016 |
24/07/2015 | CASH | ₹1 | 29/05/2015 | 28/07/2015 |
