Nexus Select Trust Dividend 2024 : Should Nexus Select Trust be a part of your dividend portfolio?
Nexus Select Trust is one of the most popular Real Estate Investment Trusts company in the world with a market capitalisation of ₹21,069.11Cr. Its share price is ₹139.04 as on 7 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Nexus Select Trust gave ₹9.22 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Real Estate Investment Trusts stocks do not always pay a dividend but as Nexus Select Trust pays dividends to reward its shareholders.
- In the quarter ending June 2024, Nexus Select Trust has declared dividend of ₹2.15 - translating a dividend yield of 6.63%.
Let's look at Nexus Select Trust’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Nexus Select Trust’s revenue were ₹581.38Cr in the quarter ending June 2024. The revenue grew by 98.41% year on year basis since last quarter.
- Nexus Select Trust’s profits were ₹139.58Cr in the quarter ending June 2024. The profits grew by 48.68% year on year basis since last quarter.
- Nexus Select Trust’s dividend was ₹2.15 in the quarter ending June 2024.
Nexus Select Trust Dividend related ratios:
- Last dividend date: 30/07/2024
- Current Dividend Yield: 6.63%
- Annual dividend payment: ₹9.22