MODISONLTD
Modison Ltd
₹185.07
Modison Ltd Dividend 2024 : Should Modison Ltd be a part of your dividend portfolio?
Modison Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹599.68Cr. Its share price is ₹185.07 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Modison Ltd gave ₹2.50 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 Modison Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Modison Ltd has declared dividend of ₹2 - translating a dividend yield of 1.35%.
Let's look at Modison Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Modison Ltd’s revenue were ₹126.68Cr in the quarter ending September 2024. The revenue grew by 27.34% year on year basis since last quarter.
- Modison Ltd’s profits were ₹8.19Cr in the quarter ending September 2024. The profits grew by 45.99% year on year basis since last quarter.
- Modison Ltd’s dividend was ₹2 in the quarter ending March 2024.
Modison Ltd Dividend related ratios:
- Last dividend date: 29/05/2024
- Current Dividend Yield: 1.35%
- Annual dividend payment: ₹2.50
History of Modison Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
23/07/2024 | CASH | ₹2 | 29/05/2024 | 23/07/2024 |
23/02/2024 | CASH | ₹0.50 | 13/02/2024 | 23/02/2024 |
17/07/2023 | CASH | ₹1 | 25/05/2023 | 18/07/2023 |
23/02/2022 | CASH | ₹1 | 12/02/2022 | 24/02/2022 |
11/02/2021 | CASH | ₹1.50 | 03/02/2021 | 13/02/2021 |
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