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Dividend of Magna Electro Castings Ltd

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Magna Electro Castings Ltd

NSE: MAGNAELECTROCAS

Dividend Payout (Final)

₹ 5

Ex-Dividend Date: Aug 09, 2024

Key Highlights

  • Magna Electro Castings Ltd dividend yield is 0.46%.
  • Magna Electro Castings Ltd has declared 6 dividends since 2019.
  • In the past 12 months, Magna Electro Castings Ltd has given a dividend of ₹5.00 per share.
  • The Latest Trading Price of Magna Electro Castings Ltd is ₹ 1068 as of 15 Jan 11:49 .

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Monitoring Magna Electro Castings Ltd share price can help you stay informed about potential market shifts and opportunities.

Historical Dividend Payouts of Magna Electro Castings Ltd

Fiscal Year
leftDividend Payout (₹)right
2023-245
2022-233
2021-223
2020-212
2019-203

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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Magna Electro Castings Ltd

NSE: MAGNAELECTROCAS

Share Price

₹ 1068

-12.10 (-1.12%)

stock direction

Last updated on: Jan 15, 2025

Company Fundamentals for Magna Electro Castings Ltd

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of Magna Electro Castings Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

0

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BlinkX Score for Magna Electro Castings Ltd

Historical Market Cap of Magna Electro Castings Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Magna Electro Castings Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Magna Electro Castings Ltd News Hub

Magna Eletrocasting to discuss results

Magna Eletrocasting will hold a meeting of the Board of Directors of the Company on 19 August 2024.

Read more

2024-08-12 00:00:00

Magna Electro Castings standalone net profit rises 80.65% in the June 2024 quarter

Net profit of Magna Electro Castings rose 80.65% to Rs 6.72 crore in the quarter ended June 2024 as

Read more

2024-08-08 00:00:00

Magna Eletrocasting to hold board meeting

Magna Eletrocasting will hold a meeting of the Board of Directors of the Company on 7 November 2024.

Read more

2024-10-24 00:00:00

Magna Electro Castings standalone net profit rises 78.25% in the September 2024 quarter

Net profit of Magna Electro Castings rose 78.25% to Rs 6.72 crore in the quarter ended September 202

Read more

2024-11-08 00:00:00

About Magna Electro Castings Ltd

  • Magna Electro Castings Ltd was incorporated in 1990.
  • The company was promoted and Managed by N Krishna Samaraj.
  • The company is mainly engaged in manufacturing and selling of Cast Iron Components. In 2001 the company has successfully commissioned its state of the art CAD/CAM Centre for producing tooling. The Company had implemented a Energy Conservation Project in 2001-02 at a cost of Rs.110 lakhs and was funded by internal accruals and term loans from Corporation Bank.
  • In the area of raw material recycling and production automation the company is planning to make investments to the tune of Rs.150 lakhs and will be financed by means of Internal accruals and Term Loans.
  • This project was put on hold due to decision on implementation of the latest technology and processes. The Company commissioned the Gas project costing Rs 0.

FAQs for Dividends of Magna Electro Castings Ltd

What is the current market price of Magna Electro Castings Ltd as of January 15, 2025?

The current market price of Magna Electro Castings Ltd stands at 1068.0 per share.

What dividend did Magna Electro Castings Ltd declare in the last fiscal year?

In the last fiscal year, Magna Electro Castings Ltd declared a dividend totaling ₹3.0.

What is the most recent dividend declared by Magna Electro Castings Ltd?

Magna Electro Castings Ltd has declared dividend worth ₹0.0 in the latest quarter..

How many times has Magna Electro Castings Ltd declared dividends in the current fiscal year?

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

How many times did Magna Electro Castings Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), Magna Electro Castings Ltd declared dividends 4 times totaling ₹3.0.

What is Dividend Yield of Magna Electro Castings Ltd?

The Magna Electro Castings Ltd's Dividend Yield is 0.5 as of January 15, 2025

Will I get Magna Electro Castings Ltd dividend if I have shares?

If you purchase Magna Electro Castings 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 Magna Electro Castings Ltd dividend if I sell my shares?

Shareholders who sell their Magna Electro Castings Ltd stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a Magna Electro Castings Ltd dividend?

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

Is Magna Electro Castings Ltd dividend automatically credited to a bank account?

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

Will I get Magna Electro Castings Ltd dividend if I have shares?

If you purchase Magna Electro Castings 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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