Mukand Ltd Dividend 2024 : Should Mukand Ltd be a part of your dividend portfolio?
Mukand Ltd is one of the most popular Industrials company in the world with a market capitalisation of ₹1,971.64Cr. Its share price is ₹136.21 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Mukand Ltd gave ₹4 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Industrials stocks do not always pay a dividend but as Mukand Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Mukand Ltd has declared dividend of ₹2 - translating a dividend yield of 2.94%.
Let's look at Mukand Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Mukand Ltd’s revenue were ₹1,266.15Cr in the quarter ending September 2024. The revenuefell by -8.26% year on year basis since last quarter.
Mukand Ltd’s profits were ₹25.78Cr in the quarter ending September 2024. The profits grew by 10.6% year on year basis since last quarter.
Mukand Ltd’s dividend was ₹2 in the quarter ending March 2024.
Mukand Ltd Dividend related ratios:
Last dividend date: 15/05/2024
Current Dividend Yield: 2.94%
Annual dividend payment: ₹4
History of Mukand Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
26/07/2024
CASH
₹2
15/05/2024
26/07/2024
28/07/2023
CASH
₹2
16/05/2023
28/07/2023
28/07/2022
CASH
₹1.50
17/05/2022
29/07/2022
08/09/2021
CASH
₹1
25/05/2021
10/09/2021
Mukand Ltd Dividend v/s Mukand Ltd Share price
Discover More Dividend Stocks in Industrials Sector