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Mahanagar Gas Ltd Dividend

Mahanagar Gas Ltd Dividend

stocks purchased

₹ 6.4 Cr

Volume transacted

stocks purchased

41.7 K

stocks traded

Last Updated time: 18 Oct 10:00 AM

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Mahanagar Gas Ltd

NSE: MGL

Dividend Payout (Final)

18

Ex-Dividend Date: Aug 14 12:00 AM

Key Highlights

  • The Dividend Payouts of Mahanagar Gas Ltd changed from ₹ 9.5 on Feb 17, 2022 to ₹ 18 on Aug 14, 2024 . This represents a CAGR of 11.24% over 6 years. .
  • The Latest Trading Price of Mahanagar Gas Ltd is ₹ 1540 as of 18 Oct 09:54.

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

Company Fundamentals for Mahanagar Gas Ltd

No data available

Historical Dividend Payouts of Mahanagar Gas Ltd

No data available

* All values are in

Dividend per Share (DPS) Over Time

No data available

Dividend Yield Comparison With Top Peers

* All values are in %

Net Profit Vs Dividend Per Share

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Mahanagar Gas Ltd

NSE: MGL

PRICE

1540.3

-220.35 (-12.52%)

stock direction

Last updated: 18 Oct 09:54

SWOT Analysis Of Mahanagar Gas Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Mahanagar Gas Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

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:


Historical Market Cap of Mahanagar Gas Ltd

No data available

* All values are in crore

Historical Revenue of Mahanagar Gas Ltd

No data available

* All values are in crore

Historical EBITDA of Mahanagar Gas Ltd

No data available

* All values are in crore

Historical Net Profit of Mahanagar Gas Ltd

No data available

* All values are in crore

About Mahanagar Gas Ltd

  • Mahanagar Gas Limited (MGL) is one of the largest city gas distribution (CGD) companies in India.
  • MGL is the sole authorised distributor of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai, Thane urban and adjoining municipalities and the Raigad district in the state of Maharashtra, India.
  • The company distributes CNG for use in motor vehicles and PNG for domestic household as well as for commercial and industrial use.
  • MGL distributes natural gas through an extensive CGD network of pipelines. Mahanagar Gas Limited (MGL) was incorporated in 1995, a joint venture between the Gas Authority of India Limited (GAIL), the BG Group UK (formerly British Gas), and the Government of Maharashtra. During the year 2002-2003, the company expanded the Compressed Natural Gas (CNG) distribution network across the city of Mumbai and in the same year, the company set up additional 45 CNG outlets.

Mahanagar Gas Ltd News Hub

News

Mahanagar Gas schedules AGM

Mahanagar Gas announced that the 29th Annual General Meeting (AGM) of the company will be ...

Read more

01 Aug 202417:50

News

Mahanagar Gas Q1 PAT slides 22% YoY to Rs 284 cr

Revenue from operations (excluding excise duty) increased 3.37% year-over-year (YoY) to Rs...

Read more

26 Jul 202412:53

News

Mahanagar Gas to hold board meeting

Mahanagar Gas will hold a meeting of the Board of Directors of the Company on 25 July 2024...

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19 Jul 202410:26

News

Board of Mahanagar Gas recommends final dividend

Mahanagar Gas announced that the Board of Directors of the Company at its meeting held on ...

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10 May 202409:52

News

Mahanagar Gas records PAT of Rs 265 crore in Q4; EBITDA margin at 25.13%

EBITDA improved marginally to Rs 393.79 crore in Q4 FY24 from Rs 389.68 crore in Q4 FY23. ...

Read more

10 May 202411:04

News

Mahanagar Gas to discuss results

Mahanagar Gas will hold a meeting of the Board of Directors of the Company on 9 May 2024. ...

Read more

30 Apr 202416:20

FAQs for dividends of Mahanagar Gas Ltd

What is the current market price of Mahanagar Gas Ltd as of October 18, 2024?

The current market price of Mahanagar Gas Ltd stands at 1540.3 per share.

What dividend did Mahanagar Gas Ltd declare in the last fiscal year?

In the last fiscal year, Mahanagar Gas Ltd declared a dividend totaling ₹0.0.

What is the most recent dividend declared by Mahanagar Gas Ltd?

Mahanagar Gas Ltd has declared dividend worth ₹0.0 in the latest quarter..

How many times has Mahanagar Gas Ltd declared dividends in the current fiscal year?

Mahanagar Gas Ltd has declared dividends 1 times totaling ₹0 in the current fiscal year (FY2024-2025).

How many times did Mahanagar Gas Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), Mahanagar Gas Ltd declared dividends 4 times totaling ₹0.0.

What is Dividend Yield of Mahanagar Gas Ltd?

The Mahanagar Gas Ltd's Dividend Yield is 1.7 as of October 18, 2024

Will I get Mahanagar Gas Ltd dividend if I have shares?

If you purchase Mahanagar Gas 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 Mahanagar Gas Ltd dividend if I sell my shares?

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

How do I check if I am eligible for a Mahanagar Gas Ltd dividend?

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

Is Mahanagar Gas Ltd dividend automatically credited to a bank account?

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

Will I get Mahanagar Gas Ltd dividend if I have shares?

If you purchase Mahanagar Gas 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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