Permanent Magnets Ltd

₹750.15

Permanent Magnets Ltd Dividend 2024 : Should Permanent Magnets Ltd be a part of your dividend portfolio?

Permanent Magnets Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹645Cr. Its share price is ₹750.15 as on 20 February,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Permanent Magnets Ltd gave ₹3.30 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 Permanent Magnets Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Permanent Magnets Ltd has declared dividend of ₹1.80 - translating a dividend yield of 0.44%.

Let's look at Permanent Magnets Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

Permanent Magnets Ltd’s revenue were ₹50.41Cr in the quarter ending December 2024. The revenuefell by -2.29% year on year basis since last quarter.
Permanent Magnets Ltd’s profits were ₹2.04Cr in the quarter ending December 2024. The profits fell by -46.87% year on year basis since last quarter.
Permanent Magnets Ltd’s dividend was ₹1.80 in the quarter ending March 2024.

Permanent Magnets Ltd Dividend related ratios:

Last dividend date: 16/05/2024
Current Dividend Yield: 0.44%
Annual dividend payment: ₹3.30

History of Permanent Magnets Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
01/08/2024	CASH	₹1.80	16/05/2024	01/08/2024
23/08/2023	CASH	₹1.50	17/05/2023	23/08/2023
26/08/2022	CASH	₹1.20	30/05/2022	29/08/2022
09/08/2021	CASH	₹1	28/05/2021	10/08/2021