Metro Brands Limited operates as a footwear specialty retailer in India. The company offers footwear for men, women, unisex, and kids under its own brands, including the Metro, Mochi, Walkway, Da Vinchi, and J. Fontini, as well as third-party brands, such as Crocs, Skechers, Clarks, Florsheim, and Fitflop. It also offers accessories, such as belts, bags, socks, masks, and wallets; and footcare and shoe-care products. The company offers its products through stores and distributors, as well as through online channels. As of March 31, 2021, it operated 586 Stores across 134 cities across 29 states and union territories in India. The company was formerly known as Metro Shoes Limited and changed its name to Metro Brands Limited in September 2018. Metro Brands Limited was founded in 1947 and is based in Mumbai, India.
Metro Brands Dividend Announcement
• Metro Brands announced a semi annually dividend of ₹2.25 per ordinary share which will be made payable on 2024-10-19. Ex dividend date: 2024-09-06 • Metro Brands annual dividend for 2024 was ₹5.00 • Metro Brands annual dividend for 2023 was ₹4.00 • Metro Brands's trailing twelve-month (TTM) dividend yield is 0.42%
Metro Brands current trailing twelve-month (TTM) dividend yield is 0.42%. Interested in purchasing Metro Brands stock? Use our calculator to estimate your expected dividend yield:
Metro Brands Financial Ratios
P/E ratio77.34
PEG ratio-7.31
P/B ratio16.26
ROE22.31%
Payout ratio0.00%
Current ratio3.08
Quick ratio1.95
Cash Ratio0.14
Metro Brands Dividend FAQ
How much is the next Metro Brands dividend?
Metro Brands's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Metro Brands dividend. The next Metro Brands dividend will be released in January, or September.
When is Metro Brands dividend paid?
Metro Brands pays dividends on a semi annually basis. The specific dates may vary each year but are generally around January, and 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 Metro Brands pay?
The specific amount of Metro Brands 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 Metro Brands's dividend history.
Does Metro Brands stock pay dividends?
Yes, Metro Brands 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 Metro Brands's dividend history.
How much dividend does Metro Brands pay?
Metro Brands paid ₹5.0 in 2024, ₹4.0 in 2023, ₹2.25 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Metro Brands pay dividends?
Metro Brands typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around January, and September.
What is Metro Brands's dividend yield?
The current dividend yield for Metro Brands is 0.42%. 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 Metro Brands's exact dividend yield.
When does Metro Brands go ex dividend?
Metro Brands's ex-dividend date for the latest dividend was on 2024-09-06. Metro Brands 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 Metro Brands dividend paid?
Metro Brands pays dividends on a semi annually basis, typically around January, or September, but the exact dates can vary each year.
Will Metro Brands 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 Metro Brands 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 Metro Brands dividend per share?
Metro Brands paid ₹5.0 per share in 2024 and ₹4.0 per share in 2023. The amount of dividend per share that Metro Brands 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 Metro Brands 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 Metro Brands 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 Metro Brands a dividend stock?
Yes, Metro Brands is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Metro Brands a good dividend stock?
Whether Metro Brands is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Metro Brands has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Metro Brands 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 Metro Brands pay dividends monthly?
Metro Brands typically pays dividends on a semi annually basis.
Does Metro Brands pay dividends quarterly?
Metro Brands currently pays dividends on a semi annually basis.
Has Metro Brands ever paid a dividend?
Yes, Metro Brands has a history of paying dividends to its shareholders. Metro Brands is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Metro Brands dividend stocks?
To buy Metro Brands 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 Metro Brands 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 Metro Brands pay dividends 2024?
Metro Brands pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-19. 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 Metro Brands increase its dividend in 2024?
Decisions regarding Metro Brands 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 Metro Brands dividend overview you can look into the above table of dividend history.
How Metro Brands dividend works?
The Metro Brands 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 Metro Brands's dividend process works:
1. Determination of Dividend: Metro Brands'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, Metro Brands 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, Metro Brands 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 Metro Brands 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 Metro Brands dividends paid?
Metro Brands dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Metro Brands 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, Metro Brands distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Metro Brands 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 Metro Brands pay dividends?
Metro Brands typically pays dividends on a semi 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 Metro Brands pay dividends?
The general pattern is that Metro Brands pays dividends around January, and 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 Metro Brands dividend safe?
The safety of Metro Brands'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 Metro Brands'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 Metro Brands'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.