DEEPAKNTR

Deepak Nitrite Ltd

₹2,349.20

Deepak Nitrite Ltd Dividend 2024 : Should Deepak Nitrite Ltd be a part of your dividend portfolio?

Deepak Nitrite Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹32,189.44Cr. Its share price is ₹2,349.20 as on 21 January,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Deepak Nitrite Ltd gave ₹7.50 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 Deepak Nitrite Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Deepak Nitrite Ltd has declared dividend of ₹7.50 - translating a dividend yield of 0.32%.

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

Deepak Nitrite Ltd’s revenue were ₹2,053.27Cr in the quarter ending September 2024. The revenue grew by 14.38% year on year basis since last quarter.
Deepak Nitrite Ltd’s profits were ₹194.19Cr in the quarter ending September 2024. The profits fell by -5.31% year on year basis since last quarter.
Deepak Nitrite Ltd’s dividend was ₹7.50 in the quarter ending March 2024.

Deepak Nitrite Ltd Dividend related ratios:

Last dividend date: 20/05/2024
Current Dividend Yield: 0.32%
Annual dividend payment: ₹7.50

History of Deepak Nitrite Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
29/07/2024	CASH	₹7.50	20/05/2024	30/07/2024
27/07/2023	CASH	₹7.50	11/05/2023	28/07/2023
25/07/2022	CASH	₹7	04/05/2022	27/07/2022
20/07/2021	CASH	₹4.50	05/05/2021	23/07/2021
20/07/2021	CASH	₹1	05/05/2021	23/07/2021