NMDC Ltd logo

NMDC

NMDC Ltd

₹246.26

NMDC Ltd Dividend 2024 : 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 ₹72,151.52Cr. Its share price is ₹246.26 as on 15 July,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, NMDC Ltd gave ₹12.35 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 December 2023, NMDC Ltd has declared dividend of ₹5.75 - translating a dividend yield of 5.02%.

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 ₹6,908.37Cr in the quarter ending March 2024. The revenuefell by -2.42% year on year basis since last quarter.
  • NMDC Ltd’s profits were ₹1,412.67Cr in the quarter ending March 2024. The profits fell by -37.81% year on year basis since last quarter.
  • NMDC Ltd’s dividend was ₹5.75 in the quarter ending December 2023.

NMDC Ltd Dividend related ratios:

  • Last dividend date: 14/02/2024
  • Current Dividend Yield: 5.02%
  • Annual dividend payment: ₹12.35

NMDC Ltd Dividend v/s NMDC Ltd Share price

History of NMDC Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
27/02/2024
CASH
₹5.75
14/02/2024
27/02/2024
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
View More

FAQs

NMDC Ltd current market price is ₹246.26 per share

NMDC Ltd has declared dividend worth ₹5.75 in the last year.

NMDC Ltd has declared dividend worth ₹5.75 in the latest quarter.

NMDC Ltd has declared dividend on 14/02/2024 of ₹5.75.

NMDC Ltd has declared dividend 2 times of ₹8.60 in the previous financial year (FY2023-2024)