NECLIFE

Nectar Lifescience Ltd

₹41.80

Nectar Lifescience Ltd Dividend 2024 : Should Nectar Lifescience Ltd be a part of your dividend portfolio?

Nectar Lifescience Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹948.18Cr. Its share price is ₹41.80 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Nectar Lifescience Ltd gave ₹0.05 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 Nectar Lifescience Ltd pays dividends to reward its shareholders.
In the quarter ending June 2020, Nectar Lifescience Ltd has declared dividend of ₹0.05 - translating a dividend yield of 0.12%.

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

Nectar Lifescience Ltd’s revenue were ₹428.79Cr in the quarter ending September 2024. The revenue grew by 4.95% year on year basis since last quarter.
Nectar Lifescience Ltd’s profits were ₹5.60Cr in the quarter ending September 2024. The profits grew by 449.02% year on year basis since last quarter.
Nectar Lifescience Ltd’s dividend was ₹0.05 in the quarter ending June 2020.

Nectar Lifescience Ltd Dividend related ratios:

Last dividend date: 29/07/2020
Current Dividend Yield: 0.12%
Annual dividend payment: ₹0.05

History of Nectar Lifescience Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
11/09/2020	CASH	₹0.05	29/07/2020	15/09/2020
19/09/2019	CASH	₹0.05	27/05/2019	22/09/2019
19/09/2018	CASH	₹0.05	28/05/2018	22/09/2018
20/09/2017	CASH	₹0.05	27/06/2017	22/09/2017
22/09/2016	CASH	₹0.10	30/05/2016	24/09/2016