Mahanagar Gas Ltd. 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
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
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.
