NITCO
Nitco Ltd
₹70.90
Nitco Ltd Dividend 2024 : Should Nitco Ltd be a part of your dividend portfolio?
Nitco Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹509.91Cr. Its share price is ₹70.90 as on 4 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Nitco Ltd gave ₹0.50 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 Nitco Ltd pays dividends to reward its shareholders.
- In the quarter ending June 2011, Nitco Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.71%.
Let's look at Nitco Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Nitco Ltd’s revenue were ₹81.04Cr in the quarter ending December 2023. The revenuefell by -28.5% year on year basis since last quarter.
- Nitco Ltd’s profits were ₹-43.62Cr in the quarter ending December 2023. The profits fell by -26.54% year on year basis since last quarter.
- Nitco Ltd’s dividend was ₹0.50 in the quarter ending June 2011.
Nitco Ltd Dividend related ratios:
- Last dividend date: 12/08/2011
- Current Dividend Yield: 0.71%
- Annual dividend payment: ₹0.50
History of Nitco Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
20/09/2011 | CASH | ₹0.50 | 12/08/2011 | 22/09/2011 |
09/09/2009 | CASH | ₹1 | 24/06/2009 | 11/09/2009 |
15/09/2008 | CASH | ₹2 | 26/07/2008 | 17/09/2008 |
03/12/2007 | CASH | ₹2 | 25/10/2007 | 05/12/2007 |
