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INDNIPPON

India Nippon Electricals Ltd

₹677.60

India Nippon Electricals Ltd Dividend 2024 : Should India Nippon Electricals Ltd be a part of your dividend portfolio?

India Nippon Electricals Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹1,498.10Cr. Its share price is ₹677.60 as on 24 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, India Nippon Electricals Ltd gave ₹19.50 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Consumer Cyclical stocks do not always pay a dividend but as India Nippon Electricals Ltd pays dividends to reward its shareholders.
  • In the quarter ending December 2023, India Nippon Electricals Ltd has declared dividend of ₹10.25 - translating a dividend yield of 2.88%.

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

  • India Nippon Electricals Ltd’s revenue were ₹184.79Cr in the quarter ending December 2023. The revenue grew by 13.69% year on year basis since last quarter.
  • India Nippon Electricals Ltd’s profits were ₹12.08Cr in the quarter ending December 2023. The profits fell by -10.91% year on year basis since last quarter.
  • India Nippon Electricals Ltd’s dividend was ₹10.25 in the quarter ending December 2023.

India Nippon Electricals Ltd Dividend related ratios:

  • Last dividend date: 13/02/2024
  • Current Dividend Yield: 2.88%
  • Annual dividend payment: ₹19.50

India Nippon Electricals Ltd Dividend v/s India Nippon Electricals Ltd Share price

History of India Nippon Electricals Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
23/02/2024
CASH
₹10.25
13/02/2024
23/02/2024
24/02/2023
CASH
₹9.25
14/02/2023
24/02/2023
21/02/2022
CASH
₹6.25
10/02/2022
22/02/2022
08/04/2021
CASH
₹6
26/03/2021
09/04/2021
24/03/2020
CASH
₹3.75
16/03/2020
26/03/2020
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FAQs

India Nippon Electricals Ltd current market price is ₹677.60 per share

India Nippon Electricals Ltd has declared dividend worth ₹10.25 in the last year.

India Nippon Electricals Ltd has declared dividend worth ₹10.25 in the latest quarter.

India Nippon Electricals Ltd has declared dividend on 13/02/2024 of ₹10.25.

India Nippon Electricals Ltd has declared dividend 1 times of ₹10.25 in the previous financial year (FY2023-2024)