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Mukand Limited engages in the manufacture and sale of alloy and stainless-steel products in India. It operates through Steel, Industrial Machinery and Engineering Contracts, and Others segments. The Steel segment offers billets, blooms, rounds, wire rods, bars, rods and sections, bright bars, and wires of special and alloy steel and stainless steel. The Industrial Machinery and Engineering Contracts segment provides EOT and gantry cranes, port and shipyard cranes, material handling equipment, steel structural, processing plant and equipment, etc. for ferrous and non-ferrous industries, as well as rolling mills, power, nuclear, and defense applications; and engineering services. The Others segment in involved in road construction, property development, and non-banking financial activities. The company also exports its products to the Unites States of America, Germany, Italy, the Netherlands, Switzerland, the United Arab Emirates, Japan, Korea, Hong Kong, Taiwan, and Vietnam. The company was formerly known as Mukand Iron & Steel Works Limited and changed its name to Mukand Limited in March 1989. Mukand Limited was incorporated in 1937 and is based in Mumbai, India.

Mukand Dividend Announcement

Mukand announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-09-04. Ex dividend date: 2024-07-26
Mukand annual dividend for 2024 was ₹2.00
Mukand annual dividend for 2023 was ₹2.00
Mukand's trailing twelve-month (TTM) dividend yield is 1.3%

Mukand Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-26₹2.00annually2024-09-04
2023-07-28₹2.00annually2023-09-10
2022-07-28₹1.50annually2022-09-09
2021-09-08₹1.00annually2021-09-23
2011-07-14₹1.00annually2011-08-26
2010-07-08₹1.00annually2010-08-27
2008-07-11₹1.00annually2008-09-01
2007-06-28₹1.00annually2007-08-01

Mukand Dividend per year

Mukand Dividend growth

Mukand Dividend Yield

Mukand current trailing twelve-month (TTM) dividend yield is 1.3%. Interested in purchasing Mukand stock? Use our calculator to estimate your expected dividend yield:

Mukand Financial Ratios

P/E ratio23.17
PEG ratio1.19
P/B ratio2.42
ROE10.68%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Mukand Dividend FAQ

How much is the next Mukand dividend?
Mukand's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Mukand dividend. The next Mukand dividend will be released in July.
When is Mukand dividend paid?
Mukand 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 Mukand pay?
The specific amount of Mukand 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 Mukand's dividend history.
Does Mukand stock pay dividends?
Yes, Mukand 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 Mukand's dividend history.
How much dividend does Mukand pay?
Mukand paid ₹2.0 in 2024, ₹2.0 in 2023, ₹1.5 in 2022, ₹1.0 in 2021, and ₹0.0 in 2020.
How often does Mukand pay dividends?
Mukand 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 Mukand's dividend yield?
The current dividend yield for Mukand is 1.3%. 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 Mukand's exact dividend yield.
When does Mukand go ex dividend?
Mukand's ex-dividend date for the latest dividend was on 2024-07-26. Mukand 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 Mukand dividend paid?
Mukand pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Mukand 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 Mukand 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 Mukand dividend per share?
Mukand paid ₹2.0 per share in 2024 and ₹2.0 per share in 2023. The amount of dividend per share that Mukand 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 Mukand 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 Mukand 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 Mukand a dividend stock?
Yes, Mukand is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Mukand a good dividend stock?
Whether Mukand is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Mukand has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Mukand 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 Mukand pay dividends monthly?
Mukand typically pays dividends on a annually basis.
Does Mukand pay dividends quarterly?
Mukand currently pays dividends on a annually basis.
Has Mukand ever paid a dividend?
Yes, Mukand has a history of paying dividends to its shareholders. Mukand is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Mukand dividend stocks?
To buy Mukand 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 Mukand 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 Mukand pay dividends 2024?
Mukand pays dividends on a annually basis. 2024 dividend payments are in 2024-09-04. 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 Mukand increase its dividend in 2024?
Decisions regarding Mukand 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 Mukand dividend overview you can look into the above table of dividend history.
How Mukand dividend works?
The Mukand 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 Mukand's dividend process works:

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

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

3. Currency: Mukand 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 Mukand pay dividends?
Mukand 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 Mukand pay dividends?
The general pattern is that Mukand 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 Mukand dividend safe?
The safety of Mukand'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 Mukand'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 Mukand'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.