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NLC India Ltd

₹269.84

NLC India Ltd Dividend 2024 : Should NLC India Ltd be a part of your dividend portfolio?

NLC India Ltd is one of the most popular Utilities company in the world with a market capitalisation of ₹37,425.32Cr. Its share price is ₹269.84 as on 21 July,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, NLC India Ltd gave ₹5 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Utilities stocks do not always pay a dividend but as NLC India Ltd pays dividends to reward its shareholders.
  • In the quarter ending December 2023, NLC India Ltd has declared dividend of ₹1.50 - translating a dividend yield of 1.85%.

Let's look at NLC India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

  • NLC India Ltd’s revenue were ₹4,034.54Cr in the quarter ending March 2024. The revenuefell by -31.1% year on year basis since last quarter.
  • NLC India Ltd’s profits were ₹114.23Cr in the quarter ending March 2024. The profits fell by -86.23% year on year basis since last quarter.
  • NLC India Ltd’s dividend was ₹1.50 in the quarter ending December 2023.

NLC India Ltd Dividend related ratios:

  • Last dividend date: 06/02/2024
  • Current Dividend Yield: 1.85%
  • Annual dividend payment: ₹5

NLC India Ltd Dividend v/s NLC India Ltd Share price

History of NLC India Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
16/02/2024
CASH
₹1.50
06/02/2024
16/02/2024
18/09/2023
CASH
₹2
19/05/2023
19/09/2023
24/02/2023
CASH
₹1.50
13/02/2023
24/02/2023
21/09/2022
CASH
₹1.50
30/05/2022
23/09/2022
14/03/2022
CASH
₹1.50
07/03/2022
15/03/2022
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FAQs

NLC India Ltd current market price is ₹269.84 per share

NLC India Ltd has declared dividend worth ₹1.50 in the last year.

NLC India Ltd has declared dividend worth ₹1.50 in the latest quarter.

NLC India Ltd has declared dividend on 06/02/2024 of ₹1.50.

NLC India Ltd has declared dividend 2 times of ₹3.50 in the previous financial year (FY2023-2024)