Mahanagar Gas Ltd. Dividend (2022)

Latest Dividend: MGL has declared an Interim Dividend of Rs.9.50 for the financial year 2021-22. The Record Date for determining entitlement of shareholders to dividend is February 18, 2022.

Dividend Info

Mahanagar Gas Ltd. has a good dividend-paying record. The company typically pays two dividends per year (excluding specials), and it has consistently declared dividends for the last five years.

On February 08, 2022, MGL, declared an Interim Dividend of Rs. 9.50 per share on the equity shares of the face value of Rs. 10/- each for the fiscal year 2021-22.

The Record Date for determining the entitlement of shareholders to the dividend is February 18, 2022. Additionally, the Dividend payment would be made on/or before March 10, 2022.

Key Metrics

🔍	Symbol	Company Name	Price	Div.	Type	Ex-Date	Pay Date	Ann. Div.	Yield	3YR Dividend Yield	Frequency	Payout Ratio	EPS	P/E	Price/Sales	Price/Book	52-Week Low	52-Week High	Mkt Cap (Rs. Cr.)
	MGL	Mahanagar Gas Ltd.	1,254.65	9.50	Interim	17/02/2022	10/03/2022	23.50	1.87%	2.50%	Semiannually	20.40%	115.58	10.85	2.40	2.26	1,075.25	1,988.00	12,393.15

MGL Dividend History

The below chart shows the full dividend history for Mahanagar Gas Ltd.

Below are the historical dividend data for MGL since 2016

Announcement	Ex-Date	Type	Dividend	Dividend %	Remarks
22/08/2016	15/09/2016	Final	17.50	175.00
02/02/2017	17/02/2017	Interim	8.00	80.00
02/06/2017	14/09/2017	Final	11.00	110.00
24/01/2018	20/02/2018	Final	8.00	80.00
24/01/2018	20/02/2018	Interim	8.00	80.00
21/05/2018	07/09/2018	Final	11.00	110.00
10/01/2019	07/02/2019	Interim	9.50	95.00
09/05/2019	29/08/2019	Final	10.50	105.00
26/02/2020	06/03/2020	Interim	9.50	95.00
11/06/2020	16/09/2020	Final	10.50	105.00
12/06/2020	16/09/2020	Special	15.00	150.00	Special Dividend
09/02/2021	18/02/2021	Interim	9.00	90.00
24/05/2021	19/09/2021	Final	14.00	140.00
08/02/2022	17/02/2022	Interim	9.50	95.00
			∑ = 151.00

Peer Comparison

Symbol	Company Name	Price	Div.	Type	Ex-Date	Pay Date	Ann. Div.	Yield	3YR Div. Yield	Frequency	Payout	EPS	P/E	Price/Sales	Price/Book	52-Week Low	52-Week High	Mkt Cap (Rs. Cr.)
ATGL	Adani Total Gas Ltd.	699.00	0.25	Interim	26/03/2020	18/04/2020	0.00	0.00%	0.00%	Annually	7.53%	6.39	109.40	51.54	49.42	545.75	1,190.00	76,876.72
AEGISCHEM	Aegis Logistics Ltd.		1.70	Interim	26/03/2020	18/04/2020	1.20		0.00%	Annually	16.04%			2.58	6.25			0.00
BPCL	Bharat Petroleum Corporation Ltd.	294.20	5.00	Interim	10/02/2022	01/03/2022	33.00	11.22%	7.05%	Semiannually	140.26%	30.73	9.57	0.30	1.74	216.23	376.00	63,715.32
GAIL	GAIL (India) Ltd.	193.31	4.00	Interim	30/12/2021	22/01/2022	9.00	4.66%	5.57%	Semiannually	23.81%	17.56	11.01	0.83	0.98	134.85	246.30	127,254.50
GUJGASLTD	Gujarat Gas Ltd.	506.00	1.25	Interim	09/09/2020	23/10/2020	1.25	0.25%	0.00%	Annually	9.73%	18.45	27.42	3.93	9.48	431.25	689.95	34,832.54
GSPL	Gujarat State Petronet Ltd.	370.55	2.00	Final	09/09/2020	23/10/2020	2.00	0.54%	0.00%	Annually	7.17%	27.06	13.69	1.44	2.86	260.05	469.70	20,906.85
HINDPETRO	Hindustan Petroleum Corporation Ltd.	407.00	22.75	Final	08/07/2021	15/10/2021	22.75	5.59%	5.74%	Semiannually	31.06%	19.73	20.62	0.17	1.09	239.13	457.15	86,676.59
IOC	Indian Oil Corporation Ltd.	139.90	4.00	Interim	09/02/2022	02/03/2022	10.50	7.51%	9.36%	Semiannually	23.22%	12.74	10.98	0.25	0.90	117.35	196.80	197,073.37
IGL	Indraprastha Gas Ltd.	388.00	2.80	Final	17/09/2020	28/10/2020	2.80	0.72%	0.00%	Annually	17.95%	26.37	14.71	7.19	6.38	306.10	570.35	27,303.01
MGL	Mahanagar Gas Ltd.	1,254.65	9.50	Interim	17/02/2022	10/03/2022	23.50	1.87%	2.50%	Semiannually	20.40%	115.58	10.85	2.40	2.26	1,075.25	1,988.00	12,393.15
ONGC	Oil and Natural Gas Corporation Ltd.	242.20	1.75	Interim	21/02/2022	13/03/2022	9.10	3.76%	6.47%	Semiannually	25.80%	35.80	6.77	0.54	0.84	199.30	345.00	304,607.06
OIL	Oil India Ltd.	440.00	5.75	Interim	22/02/2022	13/03/2022	10.75	2.44%	12.02%	Semiannually	10.18%	51.58	8.53	0.95	0.88	217.33	767.90	71,480.48
PETRONET	Petronet LNG Ltd.	335.95	7.00	Special	17/11/2021	06/12/2021	10.50	3.13%	2.78%	Annually	16.88%	26.36	12.75	1.19	3.00	206.40	384.20	50,273.83
RELIANCE	Reliance Industries Ltd.	1,230.50	7.00	Final	11/06/2021	24/07/2021	7.00	0.57%	0.37%	Annually	7.98%	50.18	24.52	3.17	2.02	1,217.25	1,608.80	1,665,559.23
ALPHAGEO	Alphageo India Ltd.	432.00	8.00	Final	21/09/2021	29/10/2021	8.00	1.85%	3.34%	Annually	79.01%	21.12	20.45	1.54	0.84	271.55	521.80	276.20
SELAN	Selan Exploration Technology Ltd.	873.00	5.00	Interim	17/02/2022	07/03/2022	5.00	0.57%	3.89%	Annually	106.91%	37.84	23.07	3.78	0.71	403.55	1,078.25	1,329.17

MGL Dividend FAQ

What was the most recent MGL dividend announcement?
- MGL announced an Interim Dividend of Rs. 9.50 for the financial year 2021-22 on February 08, 2022.
What is the MGL ex-dividend date in 2022?
- The MGL ex-dividend date is 17 February 2022.
What is the MGL dividend record date in 2022?
- The MGL dividend record date is 18 February 2022.
What is MGL dividend payment date?
- The MGL dividend payout date is 10 March 2022.
When will MGL dividend get credited in bank account?
- The MGL dividend payment will be credited on or before 10 March 2022.
What is MGL dividend payout ratio?
- The dividend payout ratio for MGL is 20.40%.
How many times does MGL pay dividends in a year?
- MGL typically pays two dividends per year, and it has been consistently declaring dividends for the last five years.

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