Nexus Select Trust Dividend 2024 : Should Nexus Select Trust be a part of your dividend portfolio?
Nexus Select Trust is one of the most popular Real Estate Investment Trusts company in the world with a market capitalisation of ₹22,353.83Cr. Its share price is ₹151.86 as on 25 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Nexus Select Trust gave ₹7.07 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Real Estate Investment Trusts stocks do not always pay a dividend but as Nexus Select Trust pays dividends to reward its shareholders.
- In the quarter ending March 2024, Nexus Select Trust has declared dividend of ₹2.09 - translating a dividend yield of 4.66%.
Let's look at Nexus Select Trust’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Nexus Select Trust’s profits were ₹146.36Cr in the quarter ending March 2024. The profits grew by 5061.36% year on year basis since last quarter.
- Nexus Select Trust’s dividend was ₹2.09 in the quarter ending March 2024.
Nexus Select Trust Dividend related ratios:
- Last dividend date: 09/05/2024
- Current Dividend Yield: 4.66%
- Annual dividend payment: ₹7.07