NELCO
NELCO Ltd
₹756.25
NELCO Ltd Dividend 2024 : Should NELCO Ltd be a part of your dividend portfolio?
NELCO Ltd is one of the most popular Communication Services company in the world with a market capitalisation of ₹1,723.82Cr. Its share price is ₹756.25 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, NELCO Ltd gave ₹3.80 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Communication Services stocks do not always pay a dividend but as NELCO Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, NELCO Ltd has declared dividend of ₹2 - translating a dividend yield of 0.50%.
Let's look at NELCO Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- NELCO Ltd’s revenue were ₹82.34Cr in the quarter ending March 2024. The revenuefell by -0.59% year on year basis since last quarter.
- NELCO Ltd’s profits were ₹6.10Cr in the quarter ending March 2024. The profits grew by 7.77% year on year basis since last quarter.
- NELCO Ltd’s dividend was ₹2 in the quarter ending March 2023.
NELCO Ltd Dividend related ratios:
- Last dividend date: 24/04/2023
- Current Dividend Yield: 0.50%
- Annual dividend payment: ₹3.80
History of NELCO Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
06/06/2023 | CASH | ₹2 | 24/04/2023 | 06/06/2023 |
21/06/2022 | CASH | ₹1.80 | 26/04/2022 | 23/06/2022 |
07/06/2021 | CASH | ₹1.20 | 28/04/2021 | 09/06/2021 |
04/08/2020 | CASH | ₹1.20 | 16/05/2020 | 06/08/2020 |
15/07/2019 | CASH | ₹1.50 | 27/04/2019 | 17/07/2019 |
View More
