535136
NIBE Ltd
₹1,480
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 ₹1,961.42Cr. Its share price is ₹1,480 as on 3 May,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 0.01%.
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 ₹64.56Cr in the quarter ending December 2023. The revenue grew by 318.13% year on year basis since last quarter.
- NIBE Ltd’s profits were ₹4.38Cr in the quarter ending December 2023. The profits grew by 500% 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: 0.01%
- Annual dividend payment: ₹0.10
History of NIBE Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
15/09/2023 | CASH | ₹0.10 | 24/05/2023 | 17/09/2023 |
