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NMDC

NMDC Ltd

₹147.95

NMDC Ltd Dividend 2023 : Should NMDC Ltd be a part of your dividend portfolio?

NMDC Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹43,329.01Cr. Its share price is ₹147.95 as on 2 October,2023.

The dividend is a percentage of earnings paid out to shareholders. Last year, NMDC Ltd gave ₹6.60 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 NMDC Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, NMDC Ltd has declared dividend of ₹2.85 - translating a dividend yield of 4.46%.

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

  • NMDC Ltd’s revenue were ₹5,688.87Cr in the quarter ending June 2023. The revenue grew by 15.79% year on year basis since last quarter.
  • NMDC Ltd’s profits were ₹1,652.22Cr in the quarter ending June 2023. The profits grew by 14.3% year on year basis since last quarter.
  • NMDC Ltd’s dividend was ₹2.85 in the quarter ending March 2023.

NMDC Ltd Dividend related ratios:

  • Last dividend date: 23/05/2023
  • Current Dividend Yield: 4.46%
  • Annual dividend payment: ₹6.60

NMDC Ltd Dividend v/s NMDC Ltd Share price

History of NMDC Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
31/08/2023
CASH
₹2.85
23/05/2023
31/08/2023
24/02/2023
CASH
₹3.75
14/02/2023
24/02/2023
17/02/2022
CASH
₹5.73
08/02/2022
18/02/2022
14/12/2021
CASH
₹9.01
03/12/2021
15/12/2021
22/03/2021
CASH
₹7.76
11/03/2021
23/03/2021
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FAQs

NMDC Ltd current market price is ₹147.95 per share

NMDC Ltd has declared dividend worth ₹6.60 in the last year.

NMDC Ltd has declared dividend worth ₹2.85 in the latest quarter.

NMDC Ltd has declared dividend on 23/05/2023 of ₹2.85.

NMDC Ltd has declared dividend 1 times of ₹2.85 in the current financial year (FY2023-2024)

NMDC Ltd has declared dividend 1 times of ₹3.75 in the previous financial year (FY2022-2023)