NLCINDIA
NLC India Ltd
₹246.60
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 ₹34,776.85Cr. Its share price is ₹246.60 as on 30 April,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 2.03%.
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 ₹3,313.27Cr in the quarter ending December 2023. The revenuefell by -16.8% year on year basis since last quarter.
- NLC India Ltd’s profits were ₹250.42Cr in the quarter ending December 2023. The profits grew by 161.57% 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: 2.03%
- Annual dividend payment: ₹5
History of NLC India Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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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