MOHITIND

Mohit Industries Ltd

₹49.58

Mohit Industries Ltd Dividend 2024 : Should Mohit Industries Ltd be a part of your dividend portfolio?

Mohit Industries Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹70.11Cr. Its share price is ₹49.58 as on 25 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Mohit Industries Ltd gave ₹1 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 Mohit Industries Ltd pays dividends to reward its shareholders.
In the quarter ending March 2016, Mohit Industries Ltd has declared dividend of ₹1 - translating a dividend yield of 2.02%.

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

Mohit Industries Ltd’s revenue were ₹21.29Cr in the quarter ending June 2024. The revenuefell by -42.37% year on year basis since last quarter.
Mohit Industries Ltd’s profits were ₹0.41Cr in the quarter ending June 2024. The profits grew by 37.88% year on year basis since last quarter.
Mohit Industries Ltd’s dividend was ₹1 in the quarter ending March 2016.

Mohit Industries Ltd Dividend related ratios: