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Mishra Dhatu Nigam Limited manufactures and sells super alloys, titanium, special purpose steel, and other special metals in India. The company provides special steels, including high strength special steel, austenitic steel, armour steel, maraging steel, and precipitation hardening martensitic stainless steel for aero and defense applications; and nickel base, iron base, and cobalt base super alloys used in aeronautics, space, nuclear, chemical, petrochemical, power generation, and furnace industries. It also offers titanium and titanium alloys, soft magnetic, controlled expansion alloys, heat resistance alloys, special purpose alloys, refractory metals, and other alloys; bars, bright bars, and wire/fine wire; and hot and cold rolled sheets, and strip, as well as open die forging products. The company offers special weld consumables, fasteners, biomedical implants, and armour products. Mishra Dhatu Nigam Limited was founded in 1973 and is based in Hyderabad, India.

Mishra Dhatu Nigam Dividend Announcement

Mishra Dhatu Nigam announced a semi annually dividend of ₹1.41 per ordinary share which will be made payable on 2024-04-13. Ex dividend date: 2024-03-22
Mishra Dhatu Nigam annual dividend for 2024 was ₹1.41
Mishra Dhatu Nigam annual dividend for 2023 was ₹3.35
Mishra Dhatu Nigam's trailing twelve-month (TTM) dividend yield is 0.36%
Mishra Dhatu Nigam's dividend growth over the last five years (2018-2023) was 9.79% year

Mishra Dhatu Nigam Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-03-22₹1.41semi annually2024-04-13
2023-09-22₹1.67semi annually2023-10-29
2023-03-23₹1.68semi annually2023-04-14
2022-09-21₹1.54semi annually2022-10-29
2022-03-22₹1.56semi annually2022-04-13
2021-09-21₹1.58semi annually2021-10-20
2021-03-22₹1.20semi annually2021-03-30
2020-09-21₹1.56semi annually2020-10-29
2020-03-12₹1.00semi annually2020-04-02
2019-09-17₹0.51semi annually2019-10-25
2019-03-25₹1.68semi annually2019-04-15
2018-09-19₹2.10semi annually2018-10-28

Mishra Dhatu Nigam Dividend per year

Mishra Dhatu Nigam Dividend growth

Mishra Dhatu Nigam Dividend Yield

Mishra Dhatu Nigam current trailing twelve-month (TTM) dividend yield is 0.36%. Interested in purchasing Mishra Dhatu Nigam stock? Use our calculator to estimate your expected dividend yield:

Mishra Dhatu Nigam Financial Ratios

P/E ratio83.49
PEG ratio4.57
P/B ratio5.46
ROE6.65%
Payout ratio0.00%
Current ratio2.33
Quick ratio0.61
Cash Ratio0.06

Mishra Dhatu Nigam Dividend FAQ

How much is the next Mishra Dhatu Nigam dividend?
Mishra Dhatu Nigam's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Mishra Dhatu Nigam dividend. The next Mishra Dhatu Nigam dividend will be released in March, or September.
When is Mishra Dhatu Nigam dividend paid?
Mishra Dhatu Nigam pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, 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 Mishra Dhatu Nigam pay?
The specific amount of Mishra Dhatu Nigam 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 Mishra Dhatu Nigam's dividend history.
Does Mishra Dhatu Nigam stock pay dividends?
Yes, Mishra Dhatu Nigam 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 Mishra Dhatu Nigam's dividend history.
How much dividend does Mishra Dhatu Nigam pay?
Mishra Dhatu Nigam paid ₹1.41 in 2024, ₹3.35 in 2023, ₹3.1 in 2022, ₹2.78 in 2021, and ₹2.56 in 2020.
How often does Mishra Dhatu Nigam pay dividends?
Mishra Dhatu Nigam 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 March, and September.
What is Mishra Dhatu Nigam's dividend yield?
The current dividend yield for Mishra Dhatu Nigam is 0.36%. 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 Mishra Dhatu Nigam's exact dividend yield.
When does Mishra Dhatu Nigam go ex dividend?
Mishra Dhatu Nigam's ex-dividend date for the latest dividend was on 2024-03-22. Mishra Dhatu Nigam 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 Mishra Dhatu Nigam dividend paid?
Mishra Dhatu Nigam pays dividends on a semi annually basis, typically around March, or September, but the exact dates can vary each year.
Will Mishra Dhatu Nigam 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 Mishra Dhatu Nigam 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 Mishra Dhatu Nigam dividend per share?
Mishra Dhatu Nigam paid ₹1.41 per share in 2024 and ₹3.35 per share in 2023. The amount of dividend per share that Mishra Dhatu Nigam 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 Mishra Dhatu Nigam 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 Mishra Dhatu Nigam 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 Mishra Dhatu Nigam a dividend stock?
Yes, Mishra Dhatu Nigam is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Mishra Dhatu Nigam a good dividend stock?
Whether Mishra Dhatu Nigam is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Mishra Dhatu Nigam has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Mishra Dhatu Nigam 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 Mishra Dhatu Nigam pay dividends monthly?
Mishra Dhatu Nigam typically pays dividends on a semi annually basis.
Does Mishra Dhatu Nigam pay dividends quarterly?
Mishra Dhatu Nigam currently pays dividends on a semi annually basis.
Has Mishra Dhatu Nigam ever paid a dividend?
Yes, Mishra Dhatu Nigam has a history of paying dividends to its shareholders. Mishra Dhatu Nigam is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Mishra Dhatu Nigam dividend stocks?
To buy Mishra Dhatu Nigam 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 Mishra Dhatu Nigam 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 Mishra Dhatu Nigam pay dividends 2024?
Mishra Dhatu Nigam pays dividends on a semi annually basis. 2024 dividend payments are in 2024-04-13. 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 Mishra Dhatu Nigam increase its dividend in 2024?
Decisions regarding Mishra Dhatu Nigam 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 Mishra Dhatu Nigam dividend overview you can look into the above table of dividend history.
How Mishra Dhatu Nigam dividend works?
The Mishra Dhatu Nigam 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 Mishra Dhatu Nigam's dividend process works:

1. Determination of Dividend: Mishra Dhatu Nigam'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, Mishra Dhatu Nigam 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, Mishra Dhatu Nigam 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 Mishra Dhatu Nigam 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 Mishra Dhatu Nigam dividends paid?
Mishra Dhatu Nigam dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Mishra Dhatu Nigam 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, Mishra Dhatu Nigam distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Mishra Dhatu Nigam 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 Mishra Dhatu Nigam pay dividends?
Mishra Dhatu Nigam 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 Mishra Dhatu Nigam pay dividends?
The general pattern is that Mishra Dhatu Nigam pays dividends around March, 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 Mishra Dhatu Nigam dividend safe?
The safety of Mishra Dhatu Nigam'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 Mishra Dhatu Nigam'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 Mishra Dhatu Nigam'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.