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Munjal Auto Industries Limited manufactures and sells various parts and accessories for motor vehicles in India. It operates through Auto Components and Composite Products & Molds segments. The company offers exhaust systems, spoke wheel rims, and steel wheel rims for two-three wheelers, three-wheelers, and passenger cars; and fuel tank assemblies, seat structure systems, and other products for four-wheelers. It also provides sheet metal and tubular welded components. The company serves automotive, renewable energy, aerospace, defense, space, railways, and other engineering sectors. The company was incorporated in 1985 and is based in Gurugram, India. Munjal Auto Industries Limited is a subsidiary of Thakurdevi Investments Private Limited.

Munjal Auto Industries Dividend Announcement

Munjal Auto Industries announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-09-19
Munjal Auto Industries annual dividend for 2024 was ₹2.00
Munjal Auto Industries annual dividend for 2023 was ₹2.00
Munjal Auto Industries's trailing twelve-month (TTM) dividend yield is 1.53%

Munjal Auto Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-19₹2.00annually2024-10-25
2023-08-25₹2.00annually2023-10-01
2022-09-08₹1.00annually2022-10-15
2019-08-22₹1.00annually2019-09-30
2018-08-14₹1.20annually2018-09-24
2017-06-22₹2.00annually2017-07-30
2016-03-17₹1.40annually2016-09-26
2015-08-13₹2.50annually2015-09-21
2014-07-31₹2.50annually2014-09-07
2013-08-01₹2.00annually
2012-09-13₹2.00annually2012-10-22
2011-09-14₹7.50annually2011-10-24

Munjal Auto Industries Dividend per year

Munjal Auto Industries Dividend growth

Munjal Auto Industries Dividend Yield

Munjal Auto Industries current trailing twelve-month (TTM) dividend yield is 1.53%. Interested in purchasing Munjal Auto Industries stock? Use our calculator to estimate your expected dividend yield:

Munjal Auto Industries Financial Ratios

P/E ratio32.28
PEG ratio-11.19
P/B ratio3.17
ROE10.10%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Munjal Auto Industries Dividend FAQ

How much is the next Munjal Auto Industries dividend?
Munjal Auto Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Munjal Auto Industries dividend. The next Munjal Auto Industries dividend will be released in August.
When is Munjal Auto Industries dividend paid?
Munjal Auto Industries pays dividends on a annually basis. The specific dates may vary each year but are generally around August. 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 Munjal Auto Industries pay?
The specific amount of Munjal Auto Industries 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 Munjal Auto Industries's dividend history.
Does Munjal Auto Industries stock pay dividends?
Yes, Munjal Auto Industries 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 Munjal Auto Industries's dividend history.
How much dividend does Munjal Auto Industries pay?
Munjal Auto Industries paid ₹2.0 in 2024, ₹2.0 in 2023, ₹1.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Munjal Auto Industries pay dividends?
Munjal Auto Industries 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 August.
What is Munjal Auto Industries's dividend yield?
The current dividend yield for Munjal Auto Industries is 1.53%. 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 Munjal Auto Industries's exact dividend yield.
When does Munjal Auto Industries go ex dividend?
Munjal Auto Industries's ex-dividend date for the latest dividend was on 2024-09-19. Munjal Auto Industries 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 Munjal Auto Industries dividend paid?
Munjal Auto Industries pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Munjal Auto Industries 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 Munjal Auto Industries 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 Munjal Auto Industries dividend per share?
Munjal Auto Industries paid ₹2.0 per share in 2024 and ₹2.0 per share in 2023. The amount of dividend per share that Munjal Auto Industries 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 Munjal Auto Industries 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 Munjal Auto Industries 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 Munjal Auto Industries a dividend stock?
Yes, Munjal Auto Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Munjal Auto Industries a good dividend stock?
Whether Munjal Auto Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Munjal Auto Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Munjal Auto Industries 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 Munjal Auto Industries pay dividends monthly?
Munjal Auto Industries typically pays dividends on a annually basis.
Does Munjal Auto Industries pay dividends quarterly?
Munjal Auto Industries currently pays dividends on a annually basis.
Has Munjal Auto Industries ever paid a dividend?
Yes, Munjal Auto Industries has a history of paying dividends to its shareholders. Munjal Auto Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Munjal Auto Industries dividend stocks?
To buy Munjal Auto Industries 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 Munjal Auto Industries 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 Munjal Auto Industries pay dividends 2024?
Munjal Auto Industries pays dividends on a annually basis. 2024 dividend payments are in 2024-10-25. 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 Munjal Auto Industries increase its dividend in 2024?
Decisions regarding Munjal Auto Industries 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 Munjal Auto Industries dividend overview you can look into the above table of dividend history.
How Munjal Auto Industries dividend works?
The Munjal Auto Industries 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 Munjal Auto Industries's dividend process works:

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

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

3. Currency: Munjal Auto Industries 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 Munjal Auto Industries pay dividends?
Munjal Auto Industries 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 Munjal Auto Industries pay dividends?
The general pattern is that Munjal Auto Industries pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Munjal Auto Industries dividend safe?
The safety of Munjal Auto Industries'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 Munjal Auto Industries'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 Munjal Auto Industries'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.