Magna Electro Castings Ltd reinforces Final Dividend strategy with latest announcement for 2025
0.65%
Div. Yield
14%
Payout Rat.
Magna Electro Castings Ltd has announced an Final Dividend of ₹6.00 per share for the year 2025. Shareholders need to own the shares on or before August 27, 2025 to be eligible for the announced dividend. The stock is currently priced at ₹1283.35.
The latest dividend follows a previous Final Dividend paid in 2024, amounting to ₹5.00 per share. The company’s dividend payout ratio of 14.00% reflects its approach to distributing profits. At 0.65%, the dividend yield indicates the return based on the stock's current price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2025 | 0.65% |
| 2024 | 0.83% |
| 2023 | 0.65% |
| 2022 | 0.97% |
| 2021 | 0.87% |
| 2020 | 1.67% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| August 27, 2025 | ₹6.00 | Final Dividend | ₹1283.35 |
| August 8, 2024 | ₹5.00 | Final Dividend | ₹602.4 |
| August 17, 2023 | ₹3.00 | Dividend | ₹462.05 |
| August 17, 2022 | ₹2.50 | Final Dividend | ₹257.05 |
| September 14, 2021 | ₹1.50 | Final Dividend | ₹171.7 |
| February 24, 2020 | ₹2.50 | Interim Dividend | ₹149.35 |
Dividend Stars
| Stock Name | Median Yield | Current Yield |
|---|---|---|
 Oracle Financial Services Software Ltd NSE: OFSS | 5.42% | 2.82% |
 Indian Oil Corporation Ltd NSE: IOC | 3.88% | 8.65% |
 Hindustan Petroleum Corporation Ltd NSE: HINDPETRO | 3.60% | 5.35% |
 Gail India Ltd NSE: GAIL | 3.34% | 3.57% |
 Bajaj Auto Ltd NSE: BAJAJ-AUTO | 3.16% | 2.51% |
FAQs
Magna Electro Castings Ltd has declared dividend worth ₹6.00
Magna Electro Castings Ltd has declared dividend on August 27, 2025
As of July 14, 2025, the dividend yield for Magna Electro Castings Ltd is 0.65%
The most recent dividend payment for Magna Electro Castings Ltd was ₹6.00 per share.
The current dividend payout ratio for Magna Electro Castings Ltd is 14.00%