NELCO
NELCO Ltd
₹1,283.65
NELCO Ltd Dividend 2024 : Should NELCO Ltd be a part of your dividend portfolio?
NELCO Ltd is one of the most popular Communication Services company in the world with a market capitalisation of ₹3,054.46Cr. Its share price is ₹1,283.65 as on 26 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, NELCO Ltd gave ₹4.20 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Communication Services stocks do not always pay a dividend but as NELCO Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, NELCO Ltd has declared dividend of ₹2.20 - translating a dividend yield of 0.33%.
Let's look at NELCO Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- NELCO Ltd’s revenue were ₹83.74Cr in the quarter ending September 2024. The revenue grew by 8.63% year on year basis since last quarter.
- NELCO Ltd’s profits were ₹4.10Cr in the quarter ending September 2024. The profits fell by -27.94% year on year basis since last quarter.
- NELCO Ltd’s dividend was ₹2.20 in the quarter ending March 2024.
NELCO Ltd Dividend related ratios:
- Last dividend date: 23/04/2024
- Current Dividend Yield: 0.33%
- Annual dividend payment: ₹4.20
History of NELCO Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
10/06/2024 | CASH | ₹2.20 | 23/04/2024 | 10/06/2024 |
06/06/2023 | CASH | ₹2 | 24/04/2023 | 06/06/2023 |
21/06/2022 | CASH | ₹1.80 | 26/04/2022 | 23/06/2022 |
07/06/2021 | CASH | ₹1.20 | 28/04/2021 | 09/06/2021 |
04/08/2020 | CASH | ₹1.20 | 16/05/2020 | 06/08/2020 |
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