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526159

Nikhil Adhesives Ltd

₹123

Nikhil Adhesives Ltd Dividend 2024 : Should Nikhil Adhesives Ltd be a part of your dividend portfolio?

Nikhil Adhesives Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹559.13Cr. Its share price is ₹123 as on 24 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, Nikhil Adhesives Ltd gave ₹2.20 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Basic Materials stocks do not always pay a dividend but as Nikhil Adhesives Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, Nikhil Adhesives Ltd has declared dividend of ₹0.20 - translating a dividend yield of 1.79%.

Let's look at Nikhil Adhesives Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • Nikhil Adhesives Ltd’s revenue were ₹46.78Cr in the quarter ending March 2012. The revenue grew by 29.62% year on year basis since last quarter.
  • Nikhil Adhesives Ltd’s profits were ₹0.31Cr in the quarter ending March 2012. The profits fell by -675% year on year basis since last quarter.
  • Nikhil Adhesives Ltd’s dividend was ₹0.20 in the quarter ending March 2023.

Nikhil Adhesives Ltd Dividend related ratios:

  • Last dividend date: 16/05/2023
  • Current Dividend Yield: 1.79%
  • Annual dividend payment: ₹2.20

Nikhil Adhesives Ltd Dividend v/s Nikhil Adhesives Ltd Share price

History of Nikhil Adhesives Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
14/09/2023
CASH
₹0.20
16/05/2023
15/09/2023
02/09/2022
CASH
₹2
21/05/2022
06/09/2022
20/09/2021
CASH
₹1.50
02/07/2021
22/09/2021
21/12/2020
CASH
₹1
31/07/2020
23/12/2020
19/09/2019
CASH
₹1
31/05/2019
23/09/2019
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FAQs

Nikhil Adhesives Ltd current market price is ₹123 per share

Nikhil Adhesives Ltd has declared dividend worth ₹0.20 in the latest quarter.

Nikhil Adhesives Ltd has declared dividend on 16/05/2023 of ₹0.20.

Nikhil Adhesives Ltd has declared dividend 1 times of ₹0.20 in the previous financial year (FY2023-2024)