NIACL
New India Assurance Company Ltd
₹214.10
New India Assurance Company Ltd Dividend 2024 : Should New India Assurance Company Ltd be a part of your dividend portfolio?
New India Assurance Company Ltd is one of the most popular Financial Services company in the world with a market capitalisation of ₹35,291.92Cr. Its share price is ₹214.10 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, New India Assurance Company Ltd gave ₹3.99 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Financial Services stocks do not always pay a dividend but as New India Assurance Company Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, New India Assurance Company Ltd has declared dividend of ₹2.06 - translating a dividend yield of 1.86%.
Let's look at New India Assurance Company Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- New India Assurance Company Ltd’s revenue were ₹10,786.57Cr in the quarter ending September 2024. The revenue grew by 2.04% year on year basis since last quarter.
- New India Assurance Company Ltd’s profits were ₹89.70Cr in the quarter ending September 2024. The profits grew by 150.93% year on year basis since last quarter.
- New India Assurance Company Ltd’s dividend was ₹2.06 in the quarter ending March 2024.
New India Assurance Company Ltd Dividend related ratios:
- Last dividend date: 22/05/2024
- Current Dividend Yield: 1.86%
- Annual dividend payment: ₹3.99
History of New India Assurance Company Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
06/09/2024 | CASH | ₹2.06 | 22/05/2024 | 06/09/2024 |
08/09/2023 | CASH | ₹1.93 | 29/05/2023 | 08/09/2023 |
25/08/2022 | CASH | ₹0.30 | 24/05/2022 | 26/08/2022 |
18/07/2019 | CASH | ₹1.50 | 13/05/2019 | 19/07/2019 |
27/06/2018 | CASH | ₹5 | 11/05/2018 | 28/06/2018 |
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