NIIT Learning Systems Ltd Dividend 2024 : Should NIIT Learning Systems Ltd be a part of your dividend portfolio?
NIIT Learning Systems Ltd is one of the most popular IT - Software company in the world with a market capitalisation of ₹6,347.57Cr. Its share price is ₹481.65 as on 25 July,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, NIIT Learning Systems Ltd gave ₹2.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
IT - Software stocks do not always pay a dividend but as NIIT Learning Systems Ltd pays dividends to reward its shareholders.
In the quarter ending September 2023, NIIT Learning Systems Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.52%.
Let's look at NIIT Learning Systems Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
NIIT Learning Systems Ltd’s revenue were ₹407.85Cr in the quarter ending March 2024. The revenue grew by 4.79% year on year basis since last quarter.
NIIT Learning Systems Ltd’s profits were ₹54.44Cr in the quarter ending March 2024. The profits grew by 0.93% year on year basis since last quarter.
NIIT Learning Systems Ltd’s dividend was ₹2.50 in the quarter ending September 2023.
NIIT Learning Systems Ltd Dividend related ratios:
Last dividend date: 30/10/2023
Current Dividend Yield: 0.52%
Annual dividend payment: ₹2.50
NIIT Learning Systems Ltd Dividend v/s NIIT Learning Systems Ltd Share price
History of NIIT Learning Systems Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
10/11/2023
CASH
₹2.50
30/10/2023
10/11/2023
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