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NITCO

Nitco Ltd

₹80.95

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 ₹579.04Cr. Its share price is ₹80.95 as on 20 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 0.62%.

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: 0.62%
  • Annual dividend payment: ₹0.50

History of Nitco Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD 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

FAQs

Nitco Ltd current market price is ₹80.95 per share

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

Nitco Ltd has declared dividend on 12/08/2011 of ₹0.50.