Mahanagar Gas Dividends and Buybacks
Dividend criteria checks 4/6
Mahanagar Gas is a dividend paying company with a current yield of 2.17% that is well covered by earnings. Next payment date is on 27th February, 2025 with an ex-dividend date of 3rd February, 2025.
Key information
2.2%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 2.1% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | 2.8% |
| Next dividend pay date | 27 Feb 25 |
| Ex dividend date | 03 Feb 25 |
| Dividend per share | ₹30.000 |
| Payout ratio | 28% |
Recent dividend and buyback updates
Recent updates
Be Wary Of Mahanagar Gas (NSE:MGL) And Its Returns On Capital
Dec 18
Mahanagar Gas (NSE:MGL) Strong Profits May Be Masking Some Underlying Issues
Nov 01Mahanagar Gas Limited's (NSE:MGL) Low P/E No Reason For Excitement
Oct 22Is Mahanagar Gas (NSE:MGL) A Risky Investment?
Sep 26Mahanagar Gas Limited's (NSE:MGL) Shares Bounce 35% But Its Business Still Trails The Market
Jul 02Shareholders Are Optimistic That Mahanagar Gas (NSE:MGL) Will Multiply In Value
Jun 07We Think Mahanagar Gas (NSE:MGL) Can Manage Its Debt With Ease
Mar 21Capital Investments At Mahanagar Gas (NSE:MGL) Point To A Promising Future
Mar 06Mahanagar Gas Limited's (NSE:MGL) Price Is Right But Growth Is Lacking
Feb 17Calculating The Fair Value Of Mahanagar Gas Limited (NSE:MGL)
Jan 11Mahanagar Gas (NSE:MGL) Might Become A Compounding Machine
Oct 04Estimating The Fair Value Of Mahanagar Gas Limited (NSE:MGL)
Sep 07Mahanagar Gas (NSE:MGL) Has Announced That It Will Be Increasing Its Dividend To ₹16.00
Aug 03Capital Allocation Trends At Mahanagar Gas (NSE:MGL) Aren't Ideal
Jul 04Here's Why Mahanagar Gas (NSE:MGL) Can Manage Its Debt Responsibly
Feb 24Mahanagar Gas' (NSE:MGL) Upcoming Dividend Will Be Larger Than Last Year's
Feb 05Mahanagar Gas' (NSE:MGL) Shareholders Have More To Worry About Than Only Soft Earnings
Nov 19Here's Why Mahanagar Gas (NSE:MGL) Can Manage Its Debt Responsibly
Sep 27Here's What's Concerning About Mahanagar Gas' (NSE:MGL) Returns On Capital
Jul 23Mahanagar Gas (NSE:MGL) Might Be Having Difficulty Using Its Capital Effectively
Apr 05Capital Investment Trends At Mahanagar Gas (NSE:MGL) Look Strong
Dec 17Here's Why I Think Mahanagar Gas (NSE:MGL) Is An Interesting Stock
Nov 18This Is The Reason Why We Think Mahanagar Gas Limited's (NSE:MGL) CEO Deserves A Bump Up To Their Compensation
Sep 21Calculating The Intrinsic Value Of Mahanagar Gas Limited (NSE:MGL)
Sep 05Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MGL has been paying a dividend for less than 10 years.
Growing Dividend: MGL's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Mahanagar Gas Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MGL) | 2.2% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Gas Utilities) | 2.2% |
| Analyst forecast (MGL) (up to 3 years) | 2.9% |
Notable Dividend: MGL's dividend (2.17%) is higher than the bottom 25% of dividend payers in the Indian market (0.27%).
High Dividend: MGL's dividend (2.17%) is in the top 25% of dividend payers in the Indian market (1.23%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.3%), MGL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.1%), MGL's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 13:15 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Mahanagar Gas Limited is covered by 57 analysts. 28 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vivekanand Subbaraman | Ambit Capital |
| Nitin Bhasin | Ambit Capital |
| Ritesh Gupta | Ambit Capital |