MSTC Limited engages in marketing, e-commerce, and scrap recovery and allied job businesses in India. It is involved in the sourcing, purchase, and sale of industrial raw materials, such as heavy melting scrap, low-ash metallurgical coke, HR coil, naphtha, crude oil, coking coal, steam coal, line pipes, etc. for users, as well as traders in the steel, oil and gas, and private and public power sectors. The company also provides e-auction services for sale of ferrous and non-ferrous scraps, surplus stores, minerals, old plant and machineries, e-waste, coal and non-coal mine blocks, iron ore, pulses, grins, oil seeds, land parcels, agricultural produce, tea, gorgon nut, tendu leaves, timbers, and other forest produce, etc; and buildings, apartment, banks' NPAs and DRT, organic agri produce assets etc. In addition, it operates various other portals for petroleum products, organic farming, agricultural product trading, and other activities. Further, the company offers tender and auction, recycling, and e-procurement services. It serves central/PSUs/state government departments and private institutions. The company was formerly known as Metal Scrap Trade Corporation Limited and changed its name to MSTC Limited in September 1994. MSTC Limited was incorporated in 1964 and is headquartered in Kolkata, India.
MSTC Dividend Announcement
• MSTC announced a quarterly dividend of ₹5.00 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-09-10
• MSTC annual dividend for 2024 was ₹10.00
• MSTC annual dividend for 2023 was ₹15.00
• MSTC's trailing twelve-month (TTM) dividend yield is 2.41%
MSTC Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-10 | ₹5.00 | quarterly | 2024-10-18 |
| 2024-02-20 | ₹5.00 | quarterly | |
| 2023-11-16 | ₹5.50 | quarterly | 2023-12-03 |
| 2023-09-12 | ₹3.20 | quarterly | 2023-10-20 |
| 2023-02-22 | ₹6.30 | quarterly | 2023-03-13 |
| 2022-11-18 | ₹5.50 | quarterly | 2022-12-08 |
| 2022-09-15 | ₹4.40 | quarterly | 2022-10-27 |
| 2022-02-22 | ₹6.50 | quarterly | 2022-03-13 |
| 2021-11-22 | ₹2.00 | quarterly | 2021-12-12 |
| 2021-09-17 | ₹4.40 | quarterly | 2021-10-28 |
| 2020-09-16 | ₹3.30 | quarterly | 2020-09-29 |
MSTC Dividend per year
MSTC Dividend growth
MSTC Dividend Yield
MSTC current trailing twelve-month (TTM) dividend yield is 2.41%. Interested in purchasing MSTC stock? Use our calculator to estimate your expected dividend yield:
MSTC Financial Ratios
P/E ratio21.02
PEG ratio0.21
P/B ratio5.10
ROE24.90%
Payout ratio0.00%
Current ratio1.39
Quick ratio1.39
Cash Ratio0.92
MSTC Dividend FAQ
How much is the next MSTC dividend?
MSTC's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next MSTC dividend. The next MSTC dividend will be released in February, September, or November.
When is MSTC dividend paid?
MSTC pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, September, and November. 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 MSTC pay?
The specific amount of MSTC 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 MSTC's dividend history.
Does MSTC stock pay dividends?
Yes, MSTC 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 MSTC's dividend history.
How much dividend does MSTC pay?
MSTC paid ₹10.0 in 2024, ₹15.0 in 2023, ₹16.4 in 2022, ₹6.4 in 2021, and ₹3.3 in 2020.
How often does MSTC pay dividends?
MSTC typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, September, and November.
What is MSTC's dividend yield?
The current dividend yield for MSTC is 2.41%. 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 MSTC's exact dividend yield.
When does MSTC go ex dividend?
MSTC's ex-dividend date for the latest dividend was on 2024-09-10. MSTC 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 MSTC dividend paid?
MSTC pays dividends on a quarterly basis, typically around February, September, or November, but the exact dates can vary each year.
Will MSTC 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 MSTC 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 MSTC dividend per share?
MSTC paid ₹10.0 per share in 2024 and ₹15.0 per share in 2023. The amount of dividend per share that MSTC 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 MSTC 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 MSTC 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 MSTC a dividend stock?
Yes, MSTC is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is MSTC a good dividend stock?
Whether MSTC is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. MSTC has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating MSTC 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.
Other factors to consider when evaluating MSTC 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 MSTC pay dividends monthly?
MSTC typically pays dividends on a quarterly basis.
Does MSTC pay dividends quarterly?
MSTC currently pays dividends on a quarterly basis.
Has MSTC ever paid a dividend?
Yes, MSTC has a history of paying dividends to its shareholders. MSTC is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy MSTC dividend stocks?
To buy MSTC 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 MSTC 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.
Place an order: Use the brokerage's trading platform to place an order to buy MSTC 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 MSTC pay dividends 2024?
MSTC pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-18. 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 MSTC increase its dividend in 2024?
Decisions regarding MSTC 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 MSTC dividend overview you can look into the above table of dividend history.
How MSTC dividend works?
The MSTC 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 MSTC's dividend process works:
1. Determination of Dividend: MSTC'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, MSTC 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, MSTC 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 MSTC 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.
1. Determination of Dividend: MSTC'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, MSTC 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, MSTC 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 MSTC 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 MSTC dividends paid?
MSTC dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: MSTC 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, MSTC distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: MSTC 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.
1. Record Date: MSTC 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, MSTC distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: MSTC 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 MSTC pay dividends?
MSTC typically pays dividends on a quarterly 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 MSTC pay dividends?
The general pattern is that MSTC pays dividends around February, September, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is MSTC dividend safe?
The safety of MSTC'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 MSTC'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 MSTC'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.
To assess the safety of MSTC'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 MSTC'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.