NAHARSPING
Nahar Spinning Mills Ltd
₹289.35
Nahar Spinning Mills Ltd Dividend 2024 : Should Nahar Spinning Mills Ltd be a part of your dividend portfolio?
Nahar Spinning Mills Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹1,052.75Cr. Its share price is ₹289.35 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Nahar Spinning Mills Ltd gave ₹2.50 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 Nahar Spinning Mills Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Nahar Spinning Mills Ltd has declared dividend of ₹1 - translating a dividend yield of 0.86%.
Let's look at Nahar Spinning Mills Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Nahar Spinning Mills Ltd’s revenue were ₹793.53Cr in the quarter ending September 2024. The revenue grew by 8.31% year on year basis since last quarter.
- Nahar Spinning Mills Ltd’s profits were ₹-17.46Cr in the quarter ending September 2024. The profits grew by 3% year on year basis since last quarter.
- Nahar Spinning Mills Ltd’s dividend was ₹1 in the quarter ending March 2024.
Nahar Spinning Mills Ltd Dividend related ratios:
- Last dividend date: 29/05/2024
- Current Dividend Yield: 0.86%
- Annual dividend payment: ₹2.50
History of Nahar Spinning Mills Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
06/09/2024 | CASH | ₹1 | 29/05/2024 | 07/09/2024 |
08/09/2023 | CASH | ₹1.50 | 30/05/2023 | 09/09/2023 |
11/08/2022 | CASH | ₹2 | 25/05/2022 | 13/08/2022 |
16/11/2021 | CASH | ₹1.50 | 09/11/2021 | 17/11/2021 |
16/09/2021 | CASH | ₹1.50 | 31/05/2021 | 18/09/2021 |
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