NAHARSPING

Nahar Spinning Mills Ltd

₹206.52

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 ₹784.24Cr. Its share price is ₹206.52 as on 20 February,2025.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 1.21%.

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 ₹815.65Cr in the quarter ending December 2024. The revenue grew by 7.33% year on year basis since last quarter.
Nahar Spinning Mills Ltd’s profits were ₹0.76Cr in the quarter ending December 2024. The profits grew by 105% 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: 1.21%
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