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NRBBEARING

NRB Bearings Ltd

₹332.25

NRB Bearings Ltd Dividend 2024 : Should NRB Bearings Ltd be a part of your dividend portfolio?

NRB Bearings Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹3,388.41Cr. Its share price is ₹332.25 as on 28 May,2024.

The dividend is a percentage of earnings paid out to shareholders. Last year, NRB Bearings Ltd gave ₹7.10 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

  • Consumer Cyclical stocks do not always pay a dividend but as NRB Bearings Ltd pays dividends to reward its shareholders.
  • In the quarter ending March 2023, NRB Bearings Ltd has declared dividend of ₹1 - translating a dividend yield of 2.14%.

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

  • NRB Bearings Ltd’s revenue were ₹449.98Cr in the quarter ending December 2023. The revenue grew by 69.63% year on year basis since last quarter.
  • NRB Bearings Ltd’s profits were ₹165.60Cr in the quarter ending December 2023. The profits grew by 622.83% year on year basis since last quarter.
  • NRB Bearings Ltd’s dividend was ₹1 in the quarter ending March 2023.

NRB Bearings Ltd Dividend related ratios:

  • Last dividend date: 30/05/2023
  • Current Dividend Yield: 2.14%
  • Annual dividend payment: ₹7.10

NRB Bearings Ltd Dividend v/s NRB Bearings Ltd Share price

History of NRB Bearings Ltd's Dividend payments

Ex/EFF DATETYPECASH AMOUNTDECLARATION DATERECORD DATE
22/09/2023
CASH
₹1
30/05/2023
22/09/2023
09/06/2023
CASH
₹4.10
30/05/2023
09/06/2023
07/09/2022
CASH
₹2
30/05/2022
09/09/2022
16/09/2021
CASH
₹0.50
03/06/2021
17/09/2021
18/02/2020
CASH
₹0.80
11/02/2020
21/02/2020
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FAQs

NRB Bearings Ltd current market price is ₹332.25 per share

NRB Bearings Ltd has declared dividend worth ₹5.10 in the last year.

NRB Bearings Ltd has declared dividend worth ₹1 in the latest quarter.

NRB Bearings Ltd has declared dividend on 30/05/2023 of ₹1.

NRB Bearings Ltd has declared dividend 2 times of ₹5.10 in the previous financial year (FY2023-2024)