511549
Morarka Finance Ltd
₹155.45
Morarka Finance Ltd Dividend 2024 : Should Morarka Finance Ltd be a part of your dividend portfolio?
Morarka Finance Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹70.45Cr. Its share price is ₹155.45 as on 16 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Morarka Finance Ltd gave ₹6 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 Morarka Finance Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Morarka Finance Ltd has declared dividend of ₹6 - translating a dividend yield of 3.86%.
Let's look at Morarka Finance Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Morarka Finance Ltd’s revenue were ₹1.19Cr in the quarter ending September 2024. The revenue grew by 32.22% year on year basis since last quarter.
- Morarka Finance Ltd’s profits were ₹0.54Cr in the quarter ending September 2024. The profits fell by -11.48% year on year basis since last quarter.
- Morarka Finance Ltd’s dividend was ₹6 in the quarter ending March 2024.
Morarka Finance Ltd Dividend related ratios:
- Last dividend date: 17/05/2024
- Current Dividend Yield: 3.86%
- Annual dividend payment: ₹6
History of Morarka Finance Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
13/09/2024 | CASH | ₹6 | 17/05/2024 | 16/09/2024 |
18/09/2023 | CASH | ₹5 | 25/04/2023 | 19/09/2023 |
20/06/2022 | CASH | ₹4 | 29/04/2022 | 21/06/2022 |
28/07/2021 | CASH | ₹1 | 21/05/2021 | 30/07/2021 |
19/09/2018 | CASH | ₹1 | 28/05/2018 | 22/09/2018 |
