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Dividend of M M Forgings Ltd

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M M Forgings Ltd

NSE: MMFL

Dividend Payout (Interim)

₹ 8

Ex-Dividend Date: Jun 14, 2024

Key Highlights

  • The dividend payouts of M M Forgings Ltd changed from ₹ 8 to ₹ 2.5 over 6 quarters. This represents a CAGR of -53.95% .
  • The Latest Trading Price of M M Forgings Ltd is ₹ 555.95 as of 11 Dec 15:30 .

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Monitoring M M Forgings Ltd share price can help you stay informed about potential market shifts and opportunities.

Historical Dividend Payouts of M M Forgings Ltd

Fiscal Year
leftDividend Payout (₹)right
2023-248
2022-236
2021-226
2020-215
2019-205

Overview of Dividend

  • <h2><strong>Types of Dividend</strong></h2><br> <h3>Special Dividend</h3> <p>A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.</p> <br> <h3>Preferred Dividend</h3> <p>A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.</p> <br> <h3>Interim Dividend</h3> <p>Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.</p> <br> <h3>Final Dividend</h3> <p>A final dividend is issued after the year's accounts have been compiled.
  • Aside from this, the following list highlights the most prevalent sorts of dividends:</p> <br>.

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


Dividend Yield Comparison With Top Peers

* All values are in %

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M M Forgings Ltd

NSE: MMFL

Share Price

₹ 555.95

-10.00 (-1.77%)

stock direction

Last updated on: Dec 11, 2024

Company Fundamentals for M M Forgings Ltd

No data available

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of M M Forgings Ltd

Strength

4

che

Weakness

3

che

Opportunity

0

che

Threats

1

che

BlinkX Score for M M Forgings Ltd

Historical Market Cap of M M Forgings Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of M M Forgings Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

M M Forgings Ltd News Hub

M M Forgings consolidated net profit rises 3.83% in the June 2024 quarter

Net profit of M M Forgings rose 3.83% to Rs 30.11 crore in the quarter ended June 2024 as against Rs

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2024-08-13 00:00:00

MM Forgings to convene board meeting

MM Forgings will hold a meeting of the Board of Directors of the Company on 12 August 2024. Powered

Read more

2024-08-07 00:00:00

MM Forgings to convene board meeting

MM Forgings will hold a meeting of the Board of Directors of the Company on 26 October 2024. Powered

Read more

2024-10-21 00:00:00

M M Forgings consolidated net profit declines 9.99% in the September 2024 quarter

Net profit of M M Forgings declined 9.99% to Rs 31.91 crore in the quarter ended September 2024 as a

Read more

2024-10-28 00:00:00

About M M Forgings Ltd

  • Incorporated in 1946 Madras Motors Pvt Ltd, the company went public in 1975.
  • Originally dealing in imported motorcycles, it later diversified to establish steel forging plants.
  • The company changed to its present name, M M Forgings on 1 Apr.'93.
  • It was promoted by S E Krishnan and S R Subramanian. The company manufactures carbon and alloy steel forgings -- with individual forging pieces weighing between 15 kg and 60 kg -- at its two forging units at Singampunari, Madurai district, and Viralimalai, Trichy district, (combined capacity : 15,000 tpa) both in Tamilnadu. The company's products form important inputs for various critical components in the automobile, tractor, earth-moving, power, material handling, oil, railway and core engineering industries.
  • The company's clientele includes Ashok Leyland, BEML, BHEL, Audco Valves and Tractor Engineers.

FAQs for Dividends of M M Forgings Ltd

What is the current market price of M M Forgings Ltd as of December 11, 2024?

The current market price of M M Forgings Ltd stands at 556.0 per share.

What dividend did M M Forgings Ltd declare in the last fiscal year?

In the last fiscal year, M M Forgings Ltd declared a dividend totaling ₹6.0.

What is the most recent dividend declared by M M Forgings Ltd?

M M Forgings Ltd has declared dividend worth ₹0.0 in the latest quarter..

How many times has M M Forgings Ltd declared dividends in the current fiscal year?

M M Forgings Ltd has declared dividends 2 times totaling ₹0 in the current fiscal year (FY2024-2025).

How many times did M M Forgings Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), M M Forgings Ltd declared dividends 4 times totaling ₹6.0.

What is Dividend Yield of M M Forgings Ltd?

The M M Forgings Ltd's Dividend Yield is 0.7 as of December 11, 2024

Will I get M M Forgings Ltd dividend if I have shares?

If you purchase M M Forgings Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.

Do I lose my M M Forgings Ltd dividend if I sell my shares?

Shareholders who sell their M M Forgings Ltd stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a M M Forgings Ltd dividend?

To be eligible for the M M Forgings Ltd dividend, you must buy the stock no later than one day before the ex-dividend date.

Is M M Forgings Ltd dividend automatically credited to a bank account?

If your bank mandate is registered with the registrar, the M M Forgings Ltd dividend amount will be automatically credited to your bank account.

Will I get M M Forgings Ltd dividend if I have shares?

If you purchase M M Forgings Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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