NRBBEARING
NRB Bearings Ltd
₹328.85
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 ₹3,176.15Cr. Its share price is ₹328.85 as on 26 July,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 2.16%.
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 ₹296.34Cr in the quarter ending March 2024. The revenuefell by -5.88% year on year basis since last quarter.
- NRB Bearings Ltd’s profits were ₹31.22Cr in the quarter ending March 2024. The profits fell by -9.69% 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: 2.16%
- Annual dividend payment: ₹7.10
History of NRB Bearings Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD 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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