Nalin Lease Finance Ltd Dividend 2024 : Should Nalin Lease Finance Ltd be a part of your dividend portfolio?
Nalin Lease Finance Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹29.09Cr. Its share price is ₹44.11 as on 29 April,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Nalin Lease Finance Ltd gave ₹0.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Financial Services stocks do not always pay a dividend but as Nalin Lease Finance Ltd pays dividends to reward its shareholders.
In the quarter ending June 2021, Nalin Lease Finance Ltd has declared dividend of ₹0.50 - translating a dividend yield of 1.13%.
Let's look at Nalin Lease Finance Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Nalin Lease Finance Ltd’s revenue were ₹2.25Cr in the quarter ending December 2023. The revenue grew by 43.31% year on year basis since last quarter.
Nalin Lease Finance Ltd’s profits were ₹1.08Cr in the quarter ending December 2023. The profits grew by 22.73% year on year basis since last quarter.
Nalin Lease Finance Ltd’s dividend was ₹0.50 in the quarter ending June 2021.