Mangalam Cement Limited manufactures and sells cement in India. The company offers Portland Pozzolana, 43 grade, and 53 grade cement under the Birla Uttam brand name. It also provides fly ash based PPC cement under the Mangalam ProMaxX brand name. Mangalam Cement Limited was incorporated in 1976 and is based in Kolkata, India.
Mangalam Cement Dividend Announcement
• Mangalam Cement announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-08-26. Ex dividend date: 2024-07-19 • Mangalam Cement annual dividend for 2024 was ₹1.50 • Mangalam Cement annual dividend for 2023 was ₹1.50 • Mangalam Cement's trailing twelve-month (TTM) dividend yield is 0.16% • Mangalam Cement's dividend growth over the last five years (2018-2023) was 24.57% year • Mangalam Cement's dividend growth over the last ten years (2013-2023) was -12.94% year
Mangalam Cement current trailing twelve-month (TTM) dividend yield is 0.16%. Interested in purchasing Mangalam Cement stock? Use our calculator to estimate your expected dividend yield:
Mangalam Cement Financial Ratios
P/E ratio47.19
PEG ratio-1.37
P/B ratio3.05
ROE6.64%
Payout ratio0.00%
Current ratio0.88
Quick ratio0.49
Cash Ratio0.03
Mangalam Cement Dividend FAQ
How much is the next Mangalam Cement dividend?
Mangalam Cement's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Mangalam Cement dividend. The next Mangalam Cement dividend will be released in July.
When is Mangalam Cement dividend paid?
Mangalam Cement pays dividends on a annually basis. The specific dates may vary each year but are generally around July. 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 Mangalam Cement pay?
The specific amount of Mangalam Cement 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 Mangalam Cement's dividend history.
Does Mangalam Cement stock pay dividends?
Yes, Mangalam Cement 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 Mangalam Cement's dividend history.
How much dividend does Mangalam Cement pay?
Mangalam Cement paid ₹1.5 in 2024, ₹1.5 in 2023, ₹1.5 in 2022, ₹1.5 in 2021, and ₹1.0 in 2020.
How often does Mangalam Cement pay dividends?
Mangalam Cement 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 July.
What is Mangalam Cement's dividend yield?
The current dividend yield for Mangalam Cement is 0.16%. 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 Mangalam Cement's exact dividend yield.
When does Mangalam Cement go ex dividend?
Mangalam Cement's ex-dividend date for the latest dividend was on 2024-07-19. Mangalam Cement 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 Mangalam Cement dividend paid?
Mangalam Cement pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Mangalam Cement 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 Mangalam Cement 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 Mangalam Cement dividend per share?
Mangalam Cement paid ₹1.5 per share in 2024 and ₹1.5 per share in 2023. The amount of dividend per share that Mangalam Cement 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 Mangalam Cement 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 Mangalam Cement 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 Mangalam Cement a dividend stock?
Yes, Mangalam Cement is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Mangalam Cement a good dividend stock?
Whether Mangalam Cement is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Mangalam Cement has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Mangalam Cement 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 Mangalam Cement pay dividends monthly?
Mangalam Cement typically pays dividends on a annually basis.
Does Mangalam Cement pay dividends quarterly?
Mangalam Cement currently pays dividends on a annually basis.
Has Mangalam Cement ever paid a dividend?
Yes, Mangalam Cement has a history of paying dividends to its shareholders. Mangalam Cement is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Mangalam Cement dividend stocks?
To buy Mangalam Cement 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 Mangalam Cement 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 Mangalam Cement pay dividends 2024?
Mangalam Cement pays dividends on a annually basis. 2024 dividend payments are in 2024-08-26. 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 Mangalam Cement increase its dividend in 2024?
Decisions regarding Mangalam Cement 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 Mangalam Cement dividend overview you can look into the above table of dividend history.
How Mangalam Cement dividend works?
The Mangalam Cement 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 Mangalam Cement's dividend process works:
1. Determination of Dividend: Mangalam Cement'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, Mangalam Cement 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, Mangalam Cement 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 Mangalam Cement 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 Mangalam Cement dividends paid?
Mangalam Cement dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Mangalam Cement 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, Mangalam Cement distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Mangalam Cement 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 Mangalam Cement pay dividends?
Mangalam Cement 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 Mangalam Cement pay dividends?
The general pattern is that Mangalam Cement pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Mangalam Cement dividend safe?
The safety of Mangalam Cement'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 Mangalam Cement'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 Mangalam Cement'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.