Menon Pistons Ltd reinforces Final Dividend strategy with latest announcement for 2024
1.74%
Div. Yield
19.28%
Payout Rat.
Menon Pistons Ltd has announced an Final Dividend of ₹1.00 per share for the year 2024. Shareholders need to own the shares on or before August 4, 2024 to be eligible for the announced dividend. The stock is currently priced at ₹91.11.
The latest dividend follows a previous Final Dividend paid in 2023, amounting to ₹1.00 per share. The company’s dividend payout ratio of 19.28% reflects its approach to distributing profits. At 1.74%, the dividend yield indicates the return based on the stock's current price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 1.10% |
| 2023 | 1.85% |
| 2022 | 1.55% |
| 2020 | 4.40% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| August 4, 2024 | ₹1.00 | Final Dividend | ₹91.11 |
| August 1, 2023 | ₹1.00 | Final Dividend | ₹54.15 |
| July 31, 2022 | ₹0.75 | Final Dividend | ₹48.3 |
| March 17, 2020 | ₹0.45 | Interim Dividend | ₹10.23 |
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
Menon Pistons Ltd has declared dividend worth ₹1.00
Menon Pistons Ltd has declared dividend on August 4, 2024
As of February 17, 2025, the dividend yield for Menon Pistons Ltd is 1.74%
The most recent dividend payment for Menon Pistons Ltd was ₹1.00 per share.
The current dividend payout ratio for Menon Pistons Ltd is 19.28%