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 DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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 |
