Multi Commodity Exchange of India Dividend
Dividend criteria checks 2/6
Multi Commodity Exchange of India is a dividend paying company with a current yield of 0.17% that is well covered by earnings. Next payment date is on 24th October, 2024 with an ex-dividend date of 19th September, 2024.
Key information
0.2%
Dividend yield
47%
Payout ratio
| Industry average yield | 1.3% |
| Next dividend pay date | 24 Oct 24 |
| Ex dividend date | 19 Sep 24 |
| Dividend per share | ₹7.640 |
| Earnings per share | ₹34.19 |
| Dividend yield forecast in 3Y | 1.6% |
Recent dividend updates
Multi Commodity Exchange of India (NSE:MCX) Is Reducing Its Dividend To ₹7.64
Aug 01
Multi Commodity Exchange of India's (NSE:MCX) Upcoming Dividend Will Be Larger Than Last Year's
Sep 14Multi Commodity Exchange of India's (NSE:MCX) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 31Multi Commodity Exchange of India (NSE:MCX) Has Announced That It Will Be Increasing Its Dividend To ₹19.09
Aug 17Multi Commodity Exchange of India (NSE:MCX) Has Announced That It Will Be Increasing Its Dividend To ₹19.09
Aug 03Recent updates
Multi Commodity Exchange of India (NSE:MCX) Is Reducing Its Dividend To ₹7.64
Aug 01Multi Commodity Exchange of India Limited (NSE:MCX) Not Flying Under The Radar
Jul 12Need To Know: Analysts Are Much More Bullish On Multi Commodity Exchange of India Limited (NSE:MCX) Revenues
Feb 22Multi Commodity Exchange of India's (NSE:MCX) Upcoming Dividend Will Be Larger Than Last Year's
Sep 14Multi Commodity Exchange of India's (NSE:MCX) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 31Multi Commodity Exchange of India (NSE:MCX) Has Announced That It Will Be Increasing Its Dividend To ₹19.09
Aug 17Multi Commodity Exchange of India (NSE:MCX) Has Announced That It Will Be Increasing Its Dividend To ₹19.09
Aug 03Why We Think Multi Commodity Exchange of India Limited's (NSE:MCX) CEO Compensation Is Not Excessive At All
Sep 20Multi Commodity Exchange of India's (NSE:MCX) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 25Multi Commodity Exchange of India (NSE:MCX) Has Announced That Its Dividend Will Be Reduced To ₹27.60
Aug 11Multi Commodity Exchange of India (NSE:MCX) Has Announced That Its Dividend Will Be Reduced To ₹27.60
Jul 28Is Multi Commodity Exchange of India Limited (NSE:MCX) A Smart Choice For Dividend Investors?
Mar 29Do Multi Commodity Exchange of India's (NSE:MCX) Earnings Warrant Your Attention?
Mar 07What Kind Of Investors Own Most Of Multi Commodity Exchange of India Limited (NSE:MCX)?
Feb 07
Is Multi Commodity Exchange of India's (NSE:MCX) 102% Share Price Increase Well Justified?
Jan 17Three Things You Should Check Before Buying Multi Commodity Exchange of India Limited (NSE:MCX) For Its Dividend
Dec 27Is Now The Time To Put Multi Commodity Exchange of India (NSE:MCX) On Your Watchlist?
Dec 06Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MCX's dividend payments have been volatile in the past 10 years.
Growing Dividend: MCX's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Multi Commodity Exchange of India Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MCX) | 0.2% |
| Market Bottom 25% (IN) | 0.2% |
| Market Top 25% (IN) | 1.1% |
| Industry Average (Capital Markets) | 1.3% |
| Analyst forecast in 3 Years (MCX) | 1.6% |
Notable Dividend: MCX's dividend (0.17%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.25%).
High Dividend: MCX's dividend (0.17%) is low compared to the top 25% of dividend payers in the Indian market (1.05%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.9%), MCX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.3%), MCX's dividend payments are thoroughly covered by cash flows.