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Mahanagar Gas Ltd (IN:MGL)
:MGL
RESEARCH TOOLSreports
Dividend Data
Last Ex-Dividend Date
Feb 03, 2025Payment date
Feb 27, 2025
Feb 27, 2025
Dividend Amount Per Share
₹30Annually
Dividend Yield
1.75%Sector: Utilities
Sector Average: 2.779%
Sector Average: 2.779%
Payout Ratio
13.74%Dividend Growth
4 months Since 2025
Moderate Buy
Last 3 Months
MGL Dividend History
Ex-Date | Record Date | Payment Date | Frequency | Declaration Date | Amount |
|---|---|---|---|---|---|
Feb 03, 2025 | Feb 03, 2025 | Feb 27, 2025 | Annually | Jan 20, 2025 | ₹12.00 |
Aug 14, 2024 | Aug 14, 2024 | Sep 22, 2024 | Annually | Jul 31, 2024 | ₹18.00 |
Feb 05, 2024 | Feb 05, 2024 | Feb 22, 2024 | Annually | Jan 24, 2024 | ₹12.00 |
Aug 14, 2023 | Aug 16, 2023 | Sep 23, 2023 | Annually | Aug 01, 2023 | ₹16.00 |
Feb 14, 2023 | Feb 14, 2023 | Mar 04, 2023 | Annually | Feb 02, 2023 | ₹10.00 |
Aug 11, 2022 | Aug 16, 2022 | Sep 23, 2022 | Annually | Jul 25, 2022 | ₹15.50 |
Feb 17, 2022 | Feb 18, 2022 | Mar 10, 2022 | Annually | Feb 08, 2022 | ₹9.50 |
Sep 17, 2021 | Sep 20, 2021 | Oct 28, 2021 | Annually | May 24, 2021 | ₹14.00 |
Feb 18, 2021 | Feb 22, 2021 | Mar 11, 2021 | Annually | Feb 09, 2021 | ₹9.00 |
Sep 16, 2020 | Sep 17, 2020 | Oct 06, 2020 | Annually | Aug 07, 2020 | ₹10.50 |
FAQ
Does Mahanagar Gas Ltd pay dividends?
Yes, IN:MGL has paid a dividend within the past 12 months.
How much is Mahanagar Gas Ltd's dividend?
IN:MGL pays a dividend of ₹30 per share. IN:MGL's annual dividend yield is 1.75%.
When is Mahanagar Gas Ltd ex-dividend date?
Mahanagar Gas Ltd's previous ex-dividend date was on Feb 03, 2025. Mahanagar Gas Ltd shareholders who own IN:MGL stock before this date received Mahanagar Gas Ltd's last dividend payment of ₹30 per share on Feb 27, 2025. IN:MGL's next ex-dividend date has not been announced yet.
When is Mahanagar Gas Ltd dividend payment date?
Mahanagar Gas Ltd’s next quarterly payment date is on Feb 27, 2025, when Mahanagar Gas Ltd shareholders who owned IN:MGL shares before Feb 03, 2025 received a dividend payment of ₹30 per share. Add IN:MGL to your watchlist to be reminded of IN:MGL's next dividend payment.
Does Mahanagar Gas Ltd have sufficient earnings to cover their dividend?
Yes, IN:MGL's past year earnings per share was ₹25.5, and their annual dividend per share is ₹18.00. IN:MGL's dividend payout ratio is 13.74% (₹18.00/₹25.5) which is sustainable.