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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 0.12%
• 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 dateDividend amountDividend typePay date
2024-09-19₹7.64annually2024-10-24
2023-09-14₹19.09annually
2022-09-19₹17.40annually
2021-08-26₹27.60annually
2020-08-21₹30.00annually2020-09-10
2019-09-12₹20.00annually2019-09-27
2018-08-23₹17.00annually2018-09-10
2017-08-14₹15.00annually2017-09-21
2016-09-09₹6.50annually2016-10-19
2015-09-16₹10.00annually2015-10-29
2014-09-11₹3.00annually2014-10-23
2013-11-21₹7.00annually2013-12-09
2013-09-18₹12.00annually2013-10-30

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 0.12%. 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

P/E ratio94.89
PEG ratio-5.42
P/B ratio20.78
ROE19.44%
Payout ratio0.00%
Current ratio1.42
Quick ratio1.44
Cash Ratio0.27

Multi Commodity Exchange of India Dividend FAQ

Does Multi Commodity Exchange of India stock pay dividends?
Multi Commodity Exchange of India does not currently pay dividends to its shareholders.
Has Multi Commodity Exchange of India ever paid a dividend?
No, Multi Commodity Exchange of India has no a history of paying dividends to its shareholders. Multi Commodity Exchange of India is not known for its dividend payments.
Why doesn't Multi Commodity Exchange of India pay dividends?
There are several potential reasons why Multi Commodity Exchange of India would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Multi Commodity Exchange of India ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Multi Commodity Exchange of India has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Multi Commodity Exchange of India a dividend aristocrat?
Multi Commodity Exchange of India is not considered a Dividend Aristocrat. 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 Multi Commodity Exchange of India a dividend king?
Multi Commodity Exchange of India is not classified as a "Dividend King". 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 Multi Commodity Exchange of India a dividend stock?
No, Multi Commodity Exchange of India is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Multi Commodity Exchange of India stocks?
To buy Multi Commodity Exchange of India 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Multi Commodity Exchange of India 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.