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New India Assurance Company Ltd

₹235.70

New India Assurance Company Ltd Dividend 2024 : Should New India Assurance Company Ltd be a part of your dividend portfolio?

New India Assurance Company Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹38,406.64Cr. Its share price is ₹235.70 as on 19 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, New India Assurance Company Ltd gave ₹1.93 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 New India Assurance Company Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, New India Assurance Company Ltd has declared dividend of ₹1.93 - translating a dividend yield of 0.82%.

Let's look at New India Assurance Company Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • New India Assurance Company Ltd’s revenue were ₹11,366.20Cr in the quarter ending December 2023. The revenue grew by 7.48% year on year basis since last quarter.
  • New India Assurance Company Ltd’s profits were ₹721.50Cr in the quarter ending December 2023. The profits fell by -2.07% year on year basis since last quarter.
  • New India Assurance Company Ltd’s dividend was ₹1.93 in the quarter ending March 2023.

New India Assurance Company Ltd Dividend related ratios:

  • Last dividend date: 29/05/2023
  • Current Dividend Yield: 0.82%
  • Annual dividend payment: ₹1.93

New India Assurance Company Ltd Dividend v/s New India Assurance Company Ltd Share price

History of New India Assurance Company Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
08/09/2023
CASH
₹1.93
29/05/2023
08/09/2023
25/08/2022
CASH
₹0.30
24/05/2022
26/08/2022
18/07/2019
CASH
₹1.50
13/05/2019
19/07/2019
27/06/2018
CASH
₹5
11/05/2018
28/06/2018
29/11/2017
CASH
₹3.75
15/11/2017
01/12/2017

FAQs

New India Assurance Company Ltd current market price is ₹235.70 per share

New India Assurance Company Ltd has declared dividend worth ₹1.93 in the last year.

New India Assurance Company Ltd has declared dividend worth ₹1.93 in the latest quarter.

New India Assurance Company Ltd has declared dividend on 29/05/2023 of ₹1.93.

New India Assurance Company Ltd has declared dividend 1 times of ₹1.93 in the previous financial year (FY2023-2024)