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Deepak Nitrite Ltd

₹2,448.45

Deepak Nitrite Ltd Dividend 2024 : Should Deepak Nitrite Ltd be a part of your dividend portfolio?

Deepak Nitrite Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹33,064.40Cr. Its share price is ₹2,448.45 as on 17 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Deepak Nitrite Ltd gave ₹7.50 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Basic Materials stocks do not always pay a dividend but as Deepak Nitrite Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Deepak Nitrite Ltd has declared dividend of ₹7.50 - translating a dividend yield of 0.31%.

Let's look at Deepak Nitrite Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Deepak Nitrite Ltd’s revenue were ₹2,022.79Cr in the quarter ending December 2023. The revenue grew by 0.92% year on year basis since last quarter.
  • Deepak Nitrite Ltd’s profits were ₹202.05Cr in the quarter ending December 2023. The profits fell by -3.35% year on year basis since last quarter.
  • Deepak Nitrite Ltd’s dividend was ₹7.50 in the quarter ending March 2023.

Deepak Nitrite Ltd Dividend related ratios:

  • Last dividend date: 11/05/2023
  • Current Dividend Yield: 0.31%
  • Annual dividend payment: ₹7.50

Deepak Nitrite Ltd Dividend v/s Deepak Nitrite Ltd Share price

History of Deepak Nitrite Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
27/07/2023
CASH
₹7.50
11/05/2023
28/07/2023
25/07/2022
CASH
₹7
04/05/2022
27/07/2022
20/07/2021
CASH
₹4.50
05/05/2021
23/07/2021
20/07/2021
CASH
₹1
05/05/2021
23/07/2021
16/03/2020
CASH
₹4.50
04/03/2020
17/03/2020
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FAQs

Deepak Nitrite Ltd current market price is ₹2,448.45 per share

Deepak Nitrite Ltd has declared dividend worth ₹7.50 in the latest quarter.

Deepak Nitrite Ltd has declared dividend on 11/05/2023 of ₹7.50.

Deepak Nitrite Ltd has declared dividend 1 times of ₹7.50 in the previous financial year (FY2023-2024)