Motherson Sumi Wiring India Ltd Dividend 2024 : Should Motherson Sumi Wiring India Ltd be a part of your dividend portfolio?
Motherson Sumi Wiring India Ltd is one of the most popular Auto Ancillaries company in the world with a market capitalisation of ₹30,899.12Cr. Its share price is ₹69.91 as on 8 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Motherson Sumi Wiring India Ltd gave ₹1.45 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Auto Ancillaries stocks do not always pay a dividend but as Motherson Sumi Wiring India Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Motherson Sumi Wiring India Ltd has declared dividend of ₹0.80 - translating a dividend yield of 2.07%.
Let's look at Motherson Sumi Wiring India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Motherson Sumi Wiring India Ltd’s revenue were ₹2,189.82Cr in the quarter ending June 2024. The revenue grew by 16.96% year on year basis since last quarter.
Motherson Sumi Wiring India Ltd’s profits were ₹148.87Cr in the quarter ending June 2024. The profits grew by 20.9% year on year basis since last quarter.
Motherson Sumi Wiring India Ltd’s dividend was ₹0.80 in the quarter ending March 2024.
Motherson Sumi Wiring India Ltd Dividend related ratios:
Last dividend date: 16/05/2024
Current Dividend Yield: 2.07%
Annual dividend payment: ₹1.45
History of Motherson Sumi Wiring India Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
14/08/2024
CASH
₹0.80
16/05/2024
16/08/2024
09/08/2023
CASH
₹0.65
19/05/2023
10/08/2023
12/08/2022
CASH
₹0.85
26/05/2022
18/08/2022
Motherson Sumi Wiring India Ltd Dividend v/s Motherson Sumi Wiring India Ltd Share price
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