Miniratna PSU MSTC Ltd Announces 45% Dividend. This stock, which has delivered a 581% return in five years, has set a record date of April 2, 2025.
MSTC Dividend News: Government-owned company MSTC Ltd. has announced another dividend for its investors. This will be the third interim dividend of the year, directly benefiting shareholders. The company has set April 2, 2025, as the record date. Investors holding MSTC shares on or before this date will receive the dividend.
Dividend Amount:
MSTC has declared a 45% dividend on a face value of ₹10 per share. This means investors will receive ₹4.50 per share. The company has also clarified that this dividend will be transferred to investors' accounts within 30 days. Previously, in February 2025, MSTC paid a dividend of ₹32 per share.
MSTC Share Performance:
MSTC shares have performed exceptionally well over the past few years. While there has been some decline in recent months, long-term investors have seen significant profits.
Over the past two years: 109% growth.
Over the past three months: 24% decline.
Over the past year: The share price has fallen by 38%.
Over the past five years: MSTC has delivered a 581% multibagger return.
In contrast, the Sensex has recorded a 6% increase during the same period. Despite this, MSTC's excellent long-term performance makes it an attractive option for investors.
MSTC's Dividend History:
MSTC is among the companies that regularly pay dividends to its investors. Three dividends have been issued so far in 2024:
February 2024 – ₹5 per share
September 2024 – ₹5 per share
November 2024 – ₹4 per share
Similarly, the company paid dividends three times in 2023:
February 2023 – ₹6.30 per share
September 2023 – ₹3.20 per share
November 2023 – ₹5.50 per share
This consistency establishes MSTC as a reliable company for investors.
MSTC's Business Model:
MSTC Ltd. is a Miniratna company of the Indian government, under the Ministry of Steel. It primarily deals in e-commerce and auction services. The company provides online bidding (auction) and trading platforms for government and private companies. MSTC offers its services across various sectors, giving it a b business identity.
