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535136

NIBE Ltd

₹2,018

NIBE Ltd Dividend 2024 : Should NIBE Ltd be a part of your dividend portfolio?

NIBE Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹2,707.40Cr. Its share price is ₹2,018 as on 21 June,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, NIBE Ltd gave ₹0.10 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Consumer Cyclical stocks do not always pay a dividend but as NIBE Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, NIBE Ltd has declared dividend of ₹0.10 - translating a dividend yield of 0%.

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

  • NIBE Ltd’s revenue were ₹153.19Cr in the quarter ending March 2024. The revenue grew by 143.62% year on year basis since last quarter.
  • NIBE Ltd’s profits were ₹10.91Cr in the quarter ending March 2024. The profits grew by 2524.44% year on year basis since last quarter.
  • NIBE Ltd’s dividend was ₹0.10 in the quarter ending March 2023.

NIBE Ltd Dividend related ratios:

  • Last dividend date: 24/05/2023
  • Current Dividend Yield: 0%
  • Annual dividend payment: ₹0.10

NIBE Ltd Dividend v/s NIBE Ltd Share price

History of NIBE Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
15/09/2023
CASH
₹0.10
24/05/2023
17/09/2023

FAQs

NIBE Ltd current market price is ₹2,018 per share

NIBE Ltd has declared dividend worth ₹0.10 in the latest quarter.

NIBE Ltd has declared dividend on 24/05/2023 of ₹0.10.

NIBE Ltd has declared dividend 1 times of ₹0.10 in the previous financial year (FY2023-2024)