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Magna Electro Castings Limited Stock Dividends Overview

MAGNAELQ.BO pays dividends yearly. Last paid amount was ₹3.00 at Aug 18, 2023. As of today, dividend yield (TTM) is 0.665%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 0.665%
Frequency Yearly
1Y Growth 0%
Payout Ratio 0
Amount Per Share ₹3.00
Next Ex-Dividend Date Aug 09, 2024
Next Payment Date Sep 15, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from MAGNAELQ the purchase should be done within the next 43 days.
Here's a simple guide on how to buy MAGNAELQ stock.

MAGNAELQ Dividend Payout History

To ensure a understanding of MAGNAELQ's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Aug 09, 2024 Aug 09, 2024 Sep 15, 2024 ₹5.00 1.06%
2 Aug 18, 2023 Aug 18, 2023 Aug 18, 2023 ₹3.00 0.665%
3 Aug 18, 2022 Aug 18, 2022 Aug 18, 2022 ₹2.50 0.84%
4 Sep 15, 2021 Sep 15, 2021 Sep 15, 2021 ₹1.50 0.87%
5 Feb 25, 2020 Feb 25, 2020 Feb 25, 2020 ₹2.50 1.64%
6 Aug 08, 2019 Aug 08, 2019 Aug 08, 2019 ₹2.50 1.52%
7 Sep 11, 2018 Sep 11, 2018 Sep 11, 2018 ₹2.00 1.20%
8 Sep 01, 2017 Sep 01, 2017 Sep 01, 2017 ₹2.00 1.11%
9 Sep 07, 2016 Sep 07, 2016 Sep 07, 2016 ₹2.00 1.34%
10 Sep 14, 2015 Sep 14, 2015 Sep 14, 2015 ₹1.80 1.74%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

good (91.28%)

Growth potential

Increase likely (42.23%)

MAGNAELQ Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from MAGNAELQ dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MAGNAELQ stock here.

FAQ

What factors can affect the amount of MAGNAELQ.BO's dividend payments?
The amount of MAGNAELQ.BO's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in MAGNAELQ.BO sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from MAGNAELQ.BO stock be automatically reinvested?
If MAGNAELQ.BO offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy MAGNAELQ.BO stock.

How often does MAGNAELQ.BO pay dividend?
Magna Electro Castings Limited (MAGNAELQ.BO) pays dividends yearly. The most recent payout was on Aug 18, 2023. The upcoming dividend Ex Date is Aug 09, 2024, with an amount of ₹5.00.

How much does MAGNAELQ.BO pays per share?
The last recorder (Aug 18, 2023) dividend per share was ₹3.00.

What is MAGNAELQ.BO dividend growth rate?
Over the last year, Magna Electro Castings Limited has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 25.99%. Furthermore, examining the past 5 years, Magna Electro Castings Limited has maintained an average Dividends Per Share Growth Rate of 3.71%.
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