Nitin Castings Ltd

₹669.70

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 ₹344.31Cr. Its share price is ₹669.70 as on 15 June,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Nitin Castings Ltd gave ₹3.75 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 2024, Nitin Castings Ltd has declared dividend of ₹3.00 - translating a dividend yield of 0.56%.

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 ₹39.15Cr in the quarter ending March 2025. The revenuefell by -1.86% year on year basis since last quarter.
Nitin Castings Ltd’s profits were ₹2.45Cr in the quarter ending March 2025. The profits grew by 6.06% year on year basis since last quarter.
Nitin Castings Ltd’s dividend was ₹3.00 in the quarter ending March 2024.

Nitin Castings Ltd Dividend related ratios:

Last dividend date: 22/05/2024
Current Dividend Yield: 0.56%
Annual dividend payment: ₹3.75

History of Nitin Castings Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
20/09/2024	CASH	₹3.00	22/05/2024	21/09/2024
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