MRF
MRF Ltd
₹1,20,551.75
MRF Ltd Dividend 2024 : Should MRF Ltd be a part of your dividend portfolio?
MRF Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹51,160.92Cr. Its share price is ₹1,20,551.75 as on 16 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, MRF Ltd gave ₹369 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 MRF Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, MRF Ltd has declared dividend of ₹194 - translating a dividend yield of 0.31%.
Let's look at MRF Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- MRF Ltd’s revenue were ₹6,994.30Cr in the quarter ending September 2024. The revenue grew by 11.24% year on year basis since last quarter.
- MRF Ltd’s profits were ₹470.70Cr in the quarter ending September 2024. The profits fell by -19.77% year on year basis since last quarter.
- MRF Ltd’s dividend was ₹194 in the quarter ending March 2024.
MRF Ltd Dividend related ratios:
- Last dividend date: 03/05/2024
- Current Dividend Yield: 0.31%
- Annual dividend payment: ₹369
History of MRF Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
25/07/2024 | CASH | ₹194 | 03/05/2024 | 26/07/2024 |
21/02/2024 | CASH | ₹3 | 09/02/2024 | 21/02/2024 |
17/11/2023 | CASH | ₹3 | 03/11/2023 | 17/11/2023 |
20/07/2023 | CASH | ₹169 | 03/05/2023 | 21/07/2023 |
21/02/2023 | CASH | ₹3 | 09/02/2023 | 21/02/2023 |
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