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NIITLTD

NIIT Ltd

₹109.64

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 ₹1,490.22Cr. Its share price is ₹109.64 as on 23 July,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 0.46%.

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 ₹92.21Cr in the quarter ending March 2024. The revenue grew by 26.26% year on year basis since last quarter.
  • NIIT Ltd’s profits were ₹11.17Cr in the quarter ending March 2024. The profits grew by 219.21% 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: 0.46%
  • Annual dividend payment: ₹0.50

NIIT Ltd Dividend v/s NIIT Ltd Share price

History of NIIT Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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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FAQs

NIIT Ltd current market price is ₹109.64 per share

NIIT Ltd has declared dividend worth ₹0.50 in the last year.

NIIT Ltd has declared dividend worth ₹0.50 in the latest quarter.

NIIT Ltd has declared dividend on 31/10/2023 of ₹0.50.

NIIT Ltd has declared dividend 1 times of ₹0.50 in the previous financial year (FY2023-2024)