MGL.NS
Price:
$1170
Market Cap:
$115.57B
Mahanagar Gas Limited operates as a natural gas distribution company in India. The company provides domestic piped natural gas (PNG), commercial PNG, industrial PNG, and compressed natural gas (CNG), as well as manufactures gas geysers. It operates 290 CNG filing stations that provides gas to approximately 8.5 lakh vehicles with 1,738 dispensing points; 550 km of steel pipeline and approximately 5,670 km of MDPE pipeline; and 4,339 commercial and industrial customers. The company's PNG is used for various applications, such as cooking and water heating, as well as in hospitals, nursing homes, hotels, flight kitchens, restaurants, places of worship, etc. Mahanagar Gas Limited was incorporated...[Read more]
Industry
Regulated Gas
IPO Date
2016-07-01
Stock Exchange
NSE
Ticker
MGL.NS
According to Mahanagar Gas Limited’s latest financial reports and current stock price. The company's current Dividend Yield is 2.56%. This represents a change of 354.67% compared to the average of 0.56% of the last 4 quarters.
The mean historical Dividend Yield of Mahanagar Gas Limited over the last ten years is 2.67%. The current 2.56% Dividend Yield has changed -4.00% with respect to the historical average. Over the past ten years (40 quarters), MGL.NS's Dividend Yield was at its highest in in the September 2022 quarter at 1.86%. The Dividend Yield was at its lowest in in the December 2020 quarter at 0%.
Average
2.67%
Median
2.65%
Minimum
2.02%
Maximum
3.65%
Discovering the peaks and valleys of Mahanagar Gas Limited Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 30.88%
Maximum Annual Dividend Yield = 3.65%
Minimum Annual Increase = -29.00%
Minimum Annual Dividend Yield = 2.02%
| Year | Dividend Yield | Change |
|---|---|---|
| 2025 | 2.16% | 7.08% |
| 2024 | 2.02% | -22.01% |
| 2023 | 2.59% | -29.00% |
| 2022 | 3.65% | 30.88% |
| 2021 | 2.79% | 3.30% |
| 2020 | 2.70% | 17.62% |
| 2019 | 2.30% | 1.23% |
| 2018 | 2.27% | -28.77% |
| 2017 | 3.18% | 4.67% |
| 2016 | 3.04% | 0% |
The current Dividend Yield of Mahanagar Gas Limited (MGL.NS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.26%
5-year avg
2.64%
10-year avg
2.67%
Mahanagar Gas Limited’s Dividend Yield is less than Gujarat State Petronet Limited (1.70%), less than Gujarat State Petronet Limited (1.70%), greater than Jaiprakash Power Ventures Limited (0%), greater than Jaiprakash Power Ventures Limited (0%), less than Waaree Renewable Technologies (0.20%), less than KPI Green Energy Limited (0.20%), less than KPI Green Energy Limited (0.20%), greater than Reliance Infrastructure Limited (0%), greater than Inox Green Energy Services Limited (0%), greater than Reliance Infrastructure Limited (0%),
| Company | Dividend Yield | Market cap |
|---|---|---|
| 1.70% | $165.48B | |
| 1.70% | $165.54B | |
| 0% | $129.67B | |
| 0% | $129.74B | |
| 0.20% | $102.78B | |
| 0.20% | $83.58B | |
| 0.20% | $83.51B | |
| 0% | $63.15B | |
| 0% | $77.33B | |
| 0% | $63.19B |
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