Meghmani Organics Ltd reinforces Final Dividend strategy with latest announcement for 2023
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Div. Yield
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Payout Rat.
Meghmani Organics Ltd has announced an Final Dividend of ₹1.40 per share for the year 2023. Shareholders need to own the shares on or before June 19, 2023 to be eligible for the announced dividend. The stock is currently priced at ₹87.95.
The latest dividend follows a previous Final Dividend paid in 2022, amounting to ₹1.40 per share. The company’s dividend payout ratio of 0.00% reflects its approach to distributing profits. At 0.00%, the dividend yield indicates the return based on the stock's current price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2023 | 1.59% |
| 2022 | 1.21% |
| 2021 | 1.16% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| June 19, 2023 | ₹1.40 | Final Dividend | ₹87.95 |
| June 16, 2022 | ₹1.40 | Final Dividend | ₹115.7 |
| September 14, 2021 | ₹1.40 | Final Dividend | ₹120.25 |
Dividend Stars
| Stock Name | Median Yield | Current Yield |
|---|---|---|
 Oracle Financial Services Software Ltd NSE: OFSS | 5.41% | 4.03% |
 Indian Oil Corporation Ltd NSE: IOC | 3.81% | 4.84% |
 Cesc Ltd NSE: CESC | 3.08% | 3.93% |
 Gail India Ltd NSE: GAIL | 3.02% | 5.25% |
 Bajaj Auto Ltd NSE: BAJAJ-AUTO | 2.97% | 2.32% |
FAQs
Meghmani Organics Ltd has declared dividend worth ₹1.40
Meghmani Organics Ltd has declared dividend on June 19, 2023
As of February 17, 2025, the dividend yield for Meghmani Organics Ltd is 0.00%
The most recent dividend payment for Meghmani Organics Ltd was ₹1.40 per share.
The current dividend payout ratio for Meghmani Organics Ltd is 0.00%
