NHIT
National Highways Infra Trust
₹128.50
National Highways Infra Trust Dividend 2024 : 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 ₹16,763.36Cr. Its share price is ₹128.50 as on 25 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, National Highways Infra Trust gave ₹4.86 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 2024, National Highways Infra Trust has declared dividend of ₹0.71 - translating a dividend yield of 3.78%.
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 ₹256.37Cr in the quarter ending March 2024. The revenue grew by 14.36% year on year basis since last quarter.
- National Highways Infra Trust’s profits were ₹65.73Cr in the quarter ending March 2024. The profits grew by 3.9% year on year basis since last quarter.
- National Highways Infra Trust’s dividend was ₹0.71 in the quarter ending March 2024.
National Highways Infra Trust Dividend related ratios:
- Last dividend date: 27/05/2024
- Current Dividend Yield: 3.78%
- Annual dividend payment: ₹4.86
History of National Highways Infra Trust's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
29/05/2024 | CASH | ₹0.71 | 27/05/2024 | 29/05/2024 |
07/03/2024 | CASH | ₹0.63 | 04/03/2024 | 07/03/2024 |
06/02/2024 | CASH | ₹1.70 | 02/02/2024 | 06/02/2024 |
10/11/2023 | CASH | ₹1.82 | 08/11/2023 | 10/11/2023 |
24/05/2023 | CASH | ₹1.60 | 22/05/2023 | 24/05/2023 |
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