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NHIT

National Highways Infra Trust

₹119.80

National Highways Infra Trust Dividend 2023 : Should National Highways Infra Trust be a part of your dividend portfolio?

National Highways Infra Trust is one of the most popular Infrastructure Investment Trusts company in the world with a market capitalisation of ₹8,702.33Cr. Its share price is ₹119.80 as on 4 October,2023.

The dividend is a percentage of earnings paid out to shareholders. Last year, National Highways Infra Trust gave ₹3.79 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Infrastructure Investment Trusts stocks do not always pay a dividend but as National Highways Infra Trust pays dividends to reward its shareholders.
  • In the quarter ending March 2023, National Highways Infra Trust has declared dividend of ₹1.60 - translating a dividend yield of 3.16%.

Let's look at National Highways Infra Trust’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • National Highways Infra Trust’s revenue were ₹240.52Cr in the quarter ending June 2023. The revenue grew by 73.67% year on year basis since last quarter.
  • National Highways Infra Trust’s profits were ₹82.61Cr in the quarter ending June 2023. The profits grew by 31.54% year on year basis since last quarter.
  • National Highways Infra Trust’s dividend was ₹1.60 in the quarter ending March 2023.

National Highways Infra Trust Dividend related ratios:

  • Last dividend date: 22/05/2023
  • Current Dividend Yield: 3.16%
  • Annual dividend payment: ₹3.79

History of National Highways Infra Trust's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
24/05/2023
CASH
₹1.60
22/05/2023
24/05/2023
16/02/2023
CASH
₹1.40
14/02/2023
16/02/2023
25/05/2022
CASH
₹0.79
23/05/2022
26/05/2022

FAQs

National Highways Infra Trust current market price is ₹119.80 per share

National Highways Infra Trust has declared dividend worth ₹3 in the last year.

National Highways Infra Trust has declared dividend worth ₹1.60 in the latest quarter.

National Highways Infra Trust has declared dividend on 22/05/2023 of ₹1.60.

National Highways Infra Trust has declared dividend 1 times of ₹1.60 in the current financial year (FY2023-2024)

National Highways Infra Trust has declared dividend 2 times of ₹2.19 in the previous financial year (FY2022-2023)