NIACL
New India Assurance Company Ltd
₹160.41
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 ₹26,532.80Cr. Its share price is ₹160.41 as on 21 February,2025.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 2.49%.
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 ₹10,711.80Cr in the quarter ending December 2024. The revenuefell by -5.76% year on year basis since last quarter.
- New India Assurance Company Ltd’s profits were ₹349.05Cr in the quarter ending December 2024. The profits fell by -51.62% 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: 2.49%
- 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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New India Assurance Company Ltd Dividend v/s New India Assurance Company Ltd Share price
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FAQs
What is current market price of New India Assurance Company Ltd (as on 21/02/2025)?
New India Assurance Company Ltd current market price is ₹160.41 per share
What is the dividend declared by New India Assurance Company Ltd in the last year?
New India Assurance Company Ltd has declared dividend worth ₹2.06 in the last year.
What is the latest dividend declared by New India Assurance Company Ltd?
New India Assurance Company Ltd has declared dividend worth ₹2.06 in the latest quarter.
When was the latest dividend declared by New India Assurance Company Ltd?
New India Assurance Company Ltd has declared dividend on 22/05/2024 of ₹2.06.
How many times did New India Assurance Company Ltd declare dividend in the current financial year?
New India Assurance Company Ltd has declared dividend 1 times of ₹2.06 in the current financial year (FY2024-2025)
How many times did New India Assurance Company Ltd declare dividend in the previous financial year?
New India Assurance Company Ltd has declared dividend 1 times of ₹1.93 in the previous financial year (FY2023-2024)