508875
Nitin Castings Ltd
₹623.05
Nitin Castings Ltd Dividend 2024 : Should Nitin Castings Ltd be a part of your dividend portfolio?
Nitin Castings Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹320.74Cr. Its share price is ₹623.05 as on 1 May,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Nitin Castings Ltd gave ₹1.25 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 Nitin Castings Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2023, Nitin Castings Ltd has declared dividend of ₹0.75 - translating a dividend yield of 0.20%.
Let's look at Nitin Castings Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Nitin Castings Ltd’s revenue were ₹35.09Cr in the quarter ending December 2023. The revenuefell by -1.07% year on year basis since last quarter.
- Nitin Castings Ltd’s profits were ₹3Cr in the quarter ending December 2023. The profits grew by 25% year on year basis since last quarter.
- Nitin Castings Ltd’s dividend was ₹0.75 in the quarter ending March 2023.
Nitin Castings Ltd Dividend related ratios:
- Last dividend date: 30/05/2023
- Current Dividend Yield: 0.20%
- Annual dividend payment: ₹1.25
History of Nitin Castings Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
10/08/2023 | CASH | ₹0.75 | 30/05/2023 | 10/08/2023 |
23/09/2022 | CASH | ₹0.50 | 26/08/2022 | 22/09/2022 |
17/09/2021 | CASH | ₹0.50 | 23/08/2021 | 21/09/2021 |
20/09/2019 | CASH | ₹0.50 | 29/05/2019 | 24/09/2019 |
30/07/2018 | CASH | ₹1 | 30/05/2018 | 01/08/2018 |
View More
