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Dividend of Majestic Auto Ltd

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Majestic Auto Ltd

NSE: MAJESAUTO

Dividend Payout (Interim)

₹ 15

Ex-Dividend Date: Feb 20, 2024

Key Highlights

  • The Dividend Payouts of Majestic Auto Ltd changed from ₹ 15 on Feb 20, 2024 to ₹ 7.5 on Nov 18, 2021 . This represents a CAGR of -20.63% over 3 years.
  • The Latest Trading Price of Majestic Auto Ltd is ₹ 424 as of 12 Dec 14:24 .

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

Historical Dividend Payouts of Majestic Auto Ltd

Fiscal Year
leftDividend Payout (₹)right
2023-2415
2022-238
2020-218

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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Majestic Auto Ltd

NSE: MAJESAUTO

Share Price

₹ 424

5.95 (1.42%)

stock direction

Last updated on: Dec 12, 2024

Company Fundamentals for Majestic Auto Ltd

No data available

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of Majestic Auto Ltd

Strength

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Weakness

1

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Opportunity

0

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Threats

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BlinkX Score for Majestic Auto Ltd

Historical Market Cap of Majestic Auto Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Majestic Auto Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Majestic Auto Ltd News Hub

Majestic Auto to conduct AGM

Majestic Auto announced that the Annual General Meeting (AGM) of the company will be held on 10 Sept

Read more

2024-08-10 00:00:00

Majestic Auto consolidated net profit rises 323.11% in the June 2024 quarter

Net profit of Majestic Auto rose 323.11% to Rs 10.07 crore in the quarter ended June 2024 as against

Read more

2024-08-08 00:00:00

Majestic Auto to conduct board meeting

Majestic Auto will hold a meeting of the Board of Directors of the Company on 8 August 2024. Powered

Read more

2024-08-05 00:00:00

Majestic Auto to convene board meeting

Majestic Auto will hold a meeting of the Board of Directors of the Company on 6 November 2024 Powere

Read more

2024-11-02 00:00:00

About Majestic Auto Ltd

  • Majestic Auto Ltd (MAL), established in April, 1973, was earlier engaged in manufacture of Silencers, Auto Components, Fine Blanking Components, Bicycle Spokes and Electrical Motors.
  • It had facilities for tool design and tool making which enables the Company to meet-up the expectations of the automobile manufacturers in the country by supplying high quality Fine Blanking components on schedule.
  • It was running its Plants in Ludhiana and Greater Noida.
  • But due to diversification in business, it got engaged into providing facility management and rental services. MAL came into existence with a plant at Ludhiana to manufacture 50 cc mopeds, marketed under the Pacer, Panther and Ankur brands.
  • The company went public in 1986.

FAQs for Dividends of Majestic Auto Ltd

What is the current market price of Majestic Auto Ltd as of December 12, 2024?

The current market price of Majestic Auto Ltd stands at 417.6 per share.

What dividend did Majestic Auto Ltd declare in the last fiscal year?

In the last fiscal year, Majestic Auto Ltd declared a dividend totaling ₹7.5.

What is the most recent dividend declared by Majestic Auto Ltd?

Majestic Auto Ltd has declared dividend worth ₹0.0 in the latest quarter..

How many times has Majestic Auto Ltd declared dividends in the current fiscal year?

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

How many times did Majestic Auto Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), Majestic Auto Ltd declared dividends 4 times totaling ₹7.5.

What is Dividend Yield of Majestic Auto Ltd?

The Majestic Auto Ltd's Dividend Yield is 3.6 as of December 12, 2024

Will I get Majestic Auto Ltd dividend if I have shares?

If you purchase Majestic Auto 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 Majestic Auto Ltd dividend if I sell my shares?

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

How do I check if I am eligible for a Majestic Auto Ltd dividend?

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

Is Majestic Auto Ltd dividend automatically credited to a bank account?

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

Will I get Majestic Auto Ltd dividend if I have shares?

If you purchase Majestic Auto 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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