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Maithan Alloys Limited manufactures and exports ferro alloys. The company provides ferro manganese, silico manganese, and ferro silicon products. It is also involved in the generation and supply of wind power. The company serves steel companies in India and internationally. Maithan Alloys Limited was incorporated in 1985 and is based in Burdwan, India.

Maithan Alloys Dividend Announcement

Maithan Alloys announced a annually dividend of ₹6.00 per ordinary share which will be made payable on 2024-10-28. Ex dividend date: 2024-09-20
Maithan Alloys annual dividend for 2024 was ₹6.00
Maithan Alloys annual dividend for 2023 was ₹6.00
Maithan Alloys's trailing twelve-month (TTM) dividend yield is 0.56%
Maithan Alloys's dividend growth over the last five years (2018-2023) was 14.87% year
Maithan Alloys's dividend growth over the last ten years (2013-2023) was 11.61% year

Maithan Alloys Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-20₹6.00annually2024-10-28
2023-09-18₹6.00annually2023-10-26
2022-09-20₹6.00annually2022-10-28
2021-09-22₹6.00annually2021-10-30
2020-03-09₹6.00annually2020-03-28
2019-08-09₹6.00annually2019-09-19
2018-08-23₹3.00annually2018-09-30
2017-08-16₹2.50annually2017-09-25
2016-03-22₹2.00annually2016-09-28
2015-09-02₹2.00annually2015-10-07
2014-09-16₹2.00annually2014-10-07
2013-07-18₹2.00annually2013-08-24

Maithan Alloys Dividend per year

Maithan Alloys Dividend growth

Maithan Alloys Dividend Yield

Maithan Alloys current trailing twelve-month (TTM) dividend yield is 0.56%. Interested in purchasing Maithan Alloys stock? Use our calculator to estimate your expected dividend yield:

Maithan Alloys Financial Ratios

P/E ratio4.21
PEG ratio0.48
P/B ratio1.00
ROE25.35%
Payout ratio0.00%
Current ratio12.06
Quick ratio10.67
Cash Ratio0.31

Maithan Alloys Dividend FAQ

How much is the next Maithan Alloys dividend?
Maithan Alloys's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Maithan Alloys dividend. The next Maithan Alloys dividend will be released in September.
When is Maithan Alloys dividend paid?
Maithan Alloys pays dividends on a annually basis. The specific dates may vary each year but are generally around September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Maithan Alloys pay?
The specific amount of Maithan Alloys dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Maithan Alloys's dividend history.
Does Maithan Alloys stock pay dividends?
Yes, Maithan Alloys does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Maithan Alloys's dividend history.
How much dividend does Maithan Alloys pay?
Maithan Alloys paid ₹6.0 in 2024, ₹6.0 in 2023, ₹6.0 in 2022, ₹6.0 in 2021, and ₹6.0 in 2020.
How often does Maithan Alloys pay dividends?
Maithan Alloys typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around September.
What is Maithan Alloys's dividend yield?
The current dividend yield for Maithan Alloys is 0.56%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Maithan Alloys's exact dividend yield.
When does Maithan Alloys go ex dividend?
Maithan Alloys's ex-dividend date for the latest dividend was on 2024-09-20. Maithan Alloys typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Maithan Alloys dividend paid?
Maithan Alloys pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Maithan Alloys increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Maithan Alloys will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Maithan Alloys dividend per share?
Maithan Alloys paid ₹6.0 per share in 2024 and ₹6.0 per share in 2023. The amount of dividend per share that Maithan Alloys pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Maithan Alloys a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Maithan Alloys a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Maithan Alloys a dividend stock?
Yes, Maithan Alloys is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Maithan Alloys a good dividend stock?
Whether Maithan Alloys is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Maithan Alloys has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Maithan Alloys as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Maithan Alloys pay dividends monthly?
Maithan Alloys typically pays dividends on a annually basis.
Does Maithan Alloys pay dividends quarterly?
Maithan Alloys currently pays dividends on a annually basis.
Has Maithan Alloys ever paid a dividend?
Yes, Maithan Alloys has a history of paying dividends to its shareholders. Maithan Alloys is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Maithan Alloys dividend stocks?
To buy Maithan Alloys you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Maithan Alloys stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Maithan Alloys pay dividends 2024?
Maithan Alloys pays dividends on a annually basis. 2024 dividend payments are in 2024-10-28. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Maithan Alloys increase its dividend in 2024?
Decisions regarding Maithan Alloys dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Maithan Alloys dividend overview you can look into the above table of dividend history.
How Maithan Alloys dividend works?
The Maithan Alloys dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Maithan Alloys's dividend process works:

1. Determination of Dividend: Maithan Alloys's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Maithan Alloys publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Maithan Alloys distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Maithan Alloys are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Maithan Alloys dividends paid?
Maithan Alloys dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Maithan Alloys sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Maithan Alloys distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Maithan Alloys declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Maithan Alloys pay dividends?
Maithan Alloys typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Maithan Alloys pay dividends?
The general pattern is that Maithan Alloys pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Maithan Alloys dividend safe?
The safety of Maithan Alloys's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Maithan Alloys's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Maithan Alloys's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.