NIITLTD
NIIT Ltd
₹168
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 ₹2,277.35Cr. Its share price is ₹168 as on 22 October,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, NIIT Ltd gave ₹1.25 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 March 2024, NIIT Ltd has declared dividend of ₹0.75 - translating a dividend yield of 0.74%.
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 ₹99.23Cr in the quarter ending June 2024. The revenue grew by 26.7% year on year basis since last quarter.
- NIIT Ltd’s profits were ₹7.76Cr in the quarter ending June 2024. The profits grew by 255.96% year on year basis since last quarter.
- NIIT Ltd’s dividend was ₹0.75 in the quarter ending March 2024.
NIIT Ltd Dividend related ratios:
- Last dividend date: 24/05/2024
- Current Dividend Yield: 0.74%
- Annual dividend payment: ₹1.25
History of NIIT Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
05/09/2024 | CASH | ₹0.75 | 24/05/2024 | 05/09/2024 |
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 |
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