NAHARSPING
Nahar Spinning Mills Ltd
₹285.25
Nahar Spinning Mills Ltd Dividend 2024 : Should Nahar Spinning Mills Ltd be a part of your dividend portfolio?
Nahar Spinning Mills Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹1,028.04Cr. Its share price is ₹285.25 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Nahar Spinning Mills Ltd gave ₹1.50 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 Nahar Spinning Mills Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Nahar Spinning Mills Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.53%.
Let's look at Nahar Spinning Mills Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Nahar Spinning Mills Ltd’s revenue were ₹759.97Cr in the quarter ending December 2023. The revenue grew by 35.32% year on year basis since last quarter.
- Nahar Spinning Mills Ltd’s profits were ₹-15.21Cr in the quarter ending December 2023. The profits fell by -38.02% year on year basis since last quarter.
- Nahar Spinning Mills Ltd’s dividend was ₹1.50 in the quarter ending March 2023.
Nahar Spinning Mills Ltd Dividend related ratios:
- Last dividend date: 30/05/2023
- Current Dividend Yield: 0.53%
- Annual dividend payment: ₹1.50
History of Nahar Spinning Mills Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
08/09/2023 | CASH | ₹1.50 | 30/05/2023 | 09/09/2023 |
11/08/2022 | CASH | ₹2 | 25/05/2022 | 13/08/2022 |
16/11/2021 | CASH | ₹1.50 | 09/11/2021 | 17/11/2021 |
16/09/2021 | CASH | ₹1.50 | 31/05/2021 | 18/09/2021 |
12/09/2019 | CASH | ₹1 | 30/05/2019 | 14/09/2019 |
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