Mishtann Foods Ltd
₹4.56
(-0.22%)
Fri, 13 Feb 2026, 07:59 pm
Mishtann Foods Dividend History
| Announcement Date | Purpose | Action | Ex Date |
|---|---|---|---|
| 16 May 2024 | dividend | ₹0.00 Dividend /Share | 21 Jun 2024 |
| 30 May 2023 | dividend | ₹0.00 Dividend /Share | 23 Sept 2023 |
| 07 Sept 2022 | dividend | ₹0.00 Dividend /Share | 23 Sept 2022 |
| 13 Jan 2022 | dividend | ₹0.00 Dividend /Share | 25 Feb 2022 |
| 08 Oct 2021 | dividend | ₹0.00 Dividend /Share | 22 Oct 2021 |
| 14 Jul 2021 | dividend | ₹0.00 Dividend /Share | 30 Jul 2021 |
| 28 Jun 2021 | dividend | ₹0.00 Dividend /Share | 14 Sept 2021 |
| 29 Jun 2020 | dividend | ₹0.00 Dividend /Share | 17 Sept 2020 |
What is a Dividend?
A dividend is a portion of a company's earnings distributed to its shareholders as a reward for their investment. It reflects the company's profitability and confidence in its financial health. Dividends are typically paid in cash or additional shares. At Pocketful, we make it easy for investors to track and manage dividends directly through our platform.
Key Dates Related to Dividend
- Declaration Date: The date on which the company announces its intention to pay a dividend.
- Ex-Dividend Date: The cut-off date to determine which shareholders are eligible for the dividend. Shares purchased after this date will not qualify.
- Record Date: The date on which the company checks its records to identify eligible shareholders.
- Payment Date: The date on which the dividend is credited to shareholders.
Example of a Dividend
Suppose Mishtann Foods Ltd declares a dividend of ₹5 per share on January 1, 2024. The key dates are:
- Declaration Date: January 1, 2024
- Ex-Dividend Date: January 10, 2024
- Record Date: January 11, 2024
- Payment Date: January 20, 2024
If an investor owns 100 shares of Mishtann Foods Ltd, they will receive ₹500 (₹5 x 100) as a dividend payment from Mishtann Foods Ltd. Using Pocketful, investors can easily view this data under the corporate actions section and stay updated on key announcements.
Types of Dividends
- Cash Dividend: Paid directly to shareholders in cash.
- Stock Dividend: Additional shares distributed instead of cash.
- Special Dividend: A one-time dividend distributed in extraordinary circumstances.
- Interim Dividend: Paid before the company's annual general meeting based on interim financial results.
- Final Dividend: Declared at the end of the financial year and approved in the AGM.
Financial Performance and Dividend Decisions
Mishtann Foods Ltd bases its dividend decisions on profitability, cash flow availability, and long-term growth plans. A company’s dividend yield aligning with industry standards can reward investors during profitable periods. Dividend payouts are influenced by multiple factors, and companies often adjust their dividend policies based on various phases of their growth and financial strategies. Phases such as:
- Stable Phase: During stable growth years, companies offer higher dividends, reflecting surplus earnings.
- Conservative Period: In times of reinvestment or debt reduction, dividends were reduced or suspended to support strategic goals.
Dividend History and Trends of Mishtann Foods Ltd
Dividends are a strong indicator of a company’s financial health and shareholder-friendly policies. Over the years, Mishtann Foods Ltd has demonstrated its commitment to rewarding shareholders through consistent dividend payouts.
Why Do Companies Pay Dividends?
- Reward to Shareholders: Encourages long-term investment and boosts investor confidence.
- Signal Financial Strength: Reflects profitability and financial stability.
- Tax Advantages for Investors: Dividends may offer better tax treatment compared to capital gains in certain cases.
How Can I Track Dividends of Mishtann Foods Ltd?
Tracking dividends is essential for investors who seek passive income or prefer income-generating stocks. With Pocketful, investors can access real-time data and insights on Mishtann Foods Ltd’s dividend payouts. At Pocketful, we simplify dividend tracking for our users:
- Visit the stock's Corporate Actions section.
- Look for the Dividends tab to view the declared and historical dividends.
Using the Pocketful platform, investors can:
- View historical dividend data, including important dates such as record date, announcement date, etc.
- Analyze dividends to compare with the industry peers.
For investors, dividends serve as both a source of passive income and a sign of financial stability. Companies like Mishtann Foods Ltd balance dividend payouts with growth investments, offering a mix of income and capital appreciation.
Tax Implications of Dividends in India
Dividends are taxable in the hands of shareholders as income from other sources. As of 2024, companies deduct a 10% TDS (Tax Deducted at Source) on dividends exceeding ₹5,000 in a financial year.
Open Your Free Demat Account Now!
Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800