NIITLTD
NIIT Ltd
₹104.35
NIIT Ltd Dividend 2024 : Should NIIT Ltd be a part of your dividend portfolio?
NIIT Ltd is one of the most popular Technology company in the world with a market capitalisation of ₹1,421.56Cr. Its share price is ₹104.35 as on 4 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, NIIT Ltd gave ₹0.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Technology stocks do not always pay a dividend but as NIIT Ltd pays dividends to reward its shareholders.
- In the quarter ending September 2023, NIIT Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.48%.
Let's look at NIIT Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- NIIT Ltd’s revenue were ₹101.50Cr in the quarter ending December 2023. The revenuefell by -3.93% year on year basis since last quarter.
- NIIT Ltd’s profits were ₹14.37Cr in the quarter ending December 2023. The profits grew by 0.56% year on year basis since last quarter.
- NIIT Ltd’s dividend was ₹0.50 in the quarter ending September 2023.
NIIT Ltd Dividend related ratios:
- Last dividend date: 31/10/2023
- Current Dividend Yield: 0.48%
- Annual dividend payment: ₹0.50
History of NIIT Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
10/11/2023 | CASH | ₹0.50 | 31/10/2023 | 10/11/2023 |
08/02/2022 | CASH | ₹3 | 28/01/2022 | 09/02/2022 |
19/07/2021 | CASH | ₹2.50 | 04/06/2021 | 20/07/2021 |
01/09/2020 | CASH | ₹2 | 04/06/2020 | 03/09/2020 |
02/03/2020 | CASH | ₹8 | 19/02/2020 | 03/03/2020 |
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