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
History of NMDC Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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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