Multi Commodity Exchange of India Limited, a commodity derivatives exchange, provides a platform to facilitate online trading of commodity derivatives in India. It offers iCOMDEX, a real-time commodity futures price indices; and trades in bullion, base metals, energy, and agricultural commodities. The company also provides trade clearing and settlement services; and data feed services. It has strategic alliances with various exchanges, such as CME group, Dalian Commodity Exchange, London Metal Exchange, Mozambique Commodities Exchange, Taiwan Futures Exchange, and Zhengzhou Commodity Exchange. The company was incorporated in 2002 and is based in Mumbai, India.
Multi Commodity Exchange of India Dividend Announcement
• Multi Commodity Exchange of India announced a annually dividend of ₹7.64 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-09-19
• Multi Commodity Exchange of India annual dividend for 2024 was ₹7.64
• Multi Commodity Exchange of India annual dividend for 2023 was ₹19.09
• Multi Commodity Exchange of India's trailing twelve-month (TTM) dividend yield is 0.11%
• Multi Commodity Exchange of India's dividend growth over the last five years (2018-2023) was 2.35% year
• Multi Commodity Exchange of India's dividend growth over the last ten years (2013-2023) was 0.05% year
Multi Commodity Exchange of India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-19 | ₹7.64 | annually | 2024-10-24 |
2023-09-15 | ₹19.09 | annually | 2023-10-24 |
2022-09-19 | ₹17.40 | annually | 2022-10-27 |
2021-08-26 | ₹27.60 | annually | 2021-10-03 |
2020-08-21 | ₹30.00 | annually | 2020-09-30 |
2019-09-12 | ₹20.00 | annually | 2019-10-20 |
2018-08-23 | ₹17.00 | annually | 2018-09-30 |
2017-08-14 | ₹15.00 | annually | 2017-09-21 |
2016-09-09 | ₹6.50 | annually | 2016-10-19 |
2015-09-16 | ₹10.00 | annually | 2015-10-29 |
2014-09-11 | ₹3.00 | annually | 2014-10-23 |
2013-11-21 | ₹7.00 | annually | 2013-12-09 |
2013-09-18 | ₹12.00 | annually | 2013-10-30 |
Multi Commodity Exchange of India Dividend per year
Multi Commodity Exchange of India Dividend growth
Multi Commodity Exchange of India Dividend Yield
Multi Commodity Exchange of India current trailing twelve-month (TTM) dividend yield is 0.11%. Interested in purchasing Multi Commodity Exchange of India stock? Use our calculator to estimate your expected dividend yield:
Multi Commodity Exchange of India Financial Ratios
Multi Commodity Exchange of India Dividend FAQ
Other factors to consider when evaluating Multi Commodity Exchange of India 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.
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1. Determination of Dividend: Multi Commodity Exchange of India'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, Multi Commodity Exchange of India 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, Multi Commodity Exchange of India 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 Multi Commodity Exchange of India 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. Record Date: Multi Commodity Exchange of India 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, Multi Commodity Exchange of India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Multi Commodity Exchange of India 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.
To assess the safety of Multi Commodity Exchange of India'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 Multi Commodity Exchange of India'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.