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NLC India Ltd

₹133.10

NLC India Ltd Dividend 2023 : 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 ₹18,331.34Cr. Its share price is ₹133.10 as on 21 September,2023.

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 March 2023, NLC India Ltd has declared dividend of ₹2 - translating a dividend yield of 3.76%.

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 ₹3,428.48Cr in the quarter ending June 2023. The revenuefell by -13.55% year on year basis since last quarter.
  • NLC India Ltd’s profits were ₹404.71Cr in the quarter ending June 2023. The profits fell by -27.97% year on year basis since last quarter.
  • NLC India Ltd’s dividend was ₹2 in the quarter ending March 2023.

NLC India Ltd Dividend related ratios:

  • Last dividend date: 19/05/2023
  • Current Dividend Yield: 3.76%
  • 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
18/09/2023
CASH
₹2
19/05/2023
20/09/2023
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
21/09/2021
CASH
₹1.50
28/06/2021
23/09/2021
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FAQs

NLC India Ltd current market price is ₹133.10 per share

NLC India Ltd has declared dividend worth ₹3.50 in the last year.

NLC India Ltd has declared dividend worth ₹2 in the latest quarter.

NLC India Ltd has declared dividend on 19/05/2023 of ₹2.

NLC India Ltd has declared dividend 1 times of ₹2 in the current financial year (FY2023-2024)

NLC India Ltd has declared dividend 2 times of ₹3 in the previous financial year (FY2022-2023)