MOHITIND
Mohit Industries Ltd
₹28.06
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 ₹39.73Cr. Its share price is ₹28.06 as on 23 November,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 3.56%.
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:
- Last dividend date: 27/05/2016
- Current Dividend Yield: 3.56%
- Annual dividend payment: ₹1
History of Mohit Industries Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
11/08/2016 | CASH | ₹1 | 27/05/2016 | 13/08/2016 |
