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Operations: MPS Limited generates its revenue by offering content-related platforms and services to a diverse clientele that includes publishers, learning companies, corporate institutions, libraries, and content aggregators across multiple regions.

Dividend Yield: 3.4%

MPS Limited has recommended a final dividend of INR 45 for FY 2023-24, reflecting a commitment to shareholder returns despite past volatility in dividend payments. With earnings growth of 14.4% annually over the last five years and projected growth of 20.32% per year, financial performance appears robust. However, concerns remain about the sustainability of dividends as they are not well covered by cash flows with a high cash payout ratio of 91.7%. The P/E ratio at 25.4x remains below the market average, suggesting some value potential amidst these challenges.

• Click to explore a detailed breakdown of our findings in MPS' dividend report.

• According our valuation report, there's an indication that MPS' share price might be on the expensive side.

Petronet LNG

Simply Wall St Dividend Rating: ★★★★★☆

Overview: Petronet LNG Limited operates in India, focusing on the import, storage, regasification, and supply of liquefied natural gas (LNG), with a market capitalization of approximately ₹475.13 billion.

Operations: Petronet LNG Limited generates ₹52.73 billion from its natural gas business.

Dividend Yield: 3.2%

Petronet LNG has demonstrated a mixed performance in its dividend strategy, with a history of volatile payouts despite a recent increase over the past decade. The company's dividends are well-supported by earnings and cash flows, with low payout ratios of 12.8% and 37.2%, respectively. Additionally, Petronet's P/E ratio stands at 13x, favorable compared to the broader Indian market average of 30.1x. Recent financial results show an uptick in net income for FY 2023-24, suggesting potential stability ahead despite past fluctuations in dividend consistency.

• Delve into the full analysis dividend report here for a deeper understanding of Petronet LNG.

• The analysis detailed in our Petronet LNG valuation report hints at an inflated share price compared to its estimated value.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include NSEI:IOC NSEI:MPSLTD and NSEI:PETRONET.

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