Nitco Ltd Dividend History
Latest Dividend
₹0.50
FY2011 · Final
Declared On
12/08/2011
announcement date
Ex-Date
20/09/2011
last ex-dividend date
Record Date
22/09/2011
eligibility cutoff
Dividend Yield
0.53%
as of 11 Sep 2026
History of Nitco Ltd's Dividend payments
| Announcement Date | Ex-Date | Record Date | Type | Dividend / Share |
|---|---|---|---|---|
12/08/2011 | 20/09/2011 | 22/09/2011 | Final | ₹0.50 |
24/06/2009 | 09/09/2009 | 11/09/2009 | Final | ₹1.00 |
26/07/2008 | 15/09/2008 | 17/09/2008 | Final | ₹2.00 |
25/10/2007 | 03/12/2007 | 05/12/2007 | Final | ₹2.00 |
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FAQs
What is the latest dividend declared by Nitco Ltd?
Nitco Ltd declared a dividend of ₹0.50 per share on 12 Aug 2011, with a record date of 22 Sep 2011.
When will I receive the Nitco Ltd dividend?
To receive the Nitco Ltd dividend, you must hold NITCO shares before the ex-date of 20 Sep 2011. Under T+1 settlement, buying on the ex-date itself makes you ineligible. The dividend is credited to your linked bank account within 30 days of the record date.
How often does Nitco Ltd pay dividend?
Nitco Ltd pays one dividend per financial year, typically declared after Q4 board meeting results.
Is Nitco Ltd a good stock for dividend income?
Nitco Ltd's current dividend yield is 0.00%. This is relatively low — Nitco Ltd is primarily a capital appreciation stock rather than a high-dividend one.
How much tax will I pay on Nitco Ltd dividend?
Dividends from Nitco Ltd are taxable as income from other sources at your applicable income tax slab rate. TDS at 10% is deducted at source if your total dividend income from Nitco Ltd exceeds ₹10,000 in a financial year. NRI investors are subject to 20% TDS or applicable DTAA rate. You can claim TDS credit when filing your ITR.