535136
NIBE Ltd
₹1,707.95
NIBE Ltd Dividend 2024 : Should NIBE Ltd be a part of your dividend portfolio?
NIBE Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹2,310.80Cr. Its share price is ₹1,707.95 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, NIBE Ltd gave ₹1 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Consumer Cyclical stocks do not always pay a dividend but as NIBE Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, NIBE Ltd has declared dividend of ₹1 - translating a dividend yield of 0.06%.
Let's look at NIBE Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- NIBE Ltd’s revenue were ₹136.92Cr in the quarter ending September 2024. The revenue grew by 229.37% year on year basis since last quarter.
- NIBE Ltd’s profits were ₹9.12Cr in the quarter ending September 2024. The profits grew by 221.13% year on year basis since last quarter.
- NIBE Ltd’s dividend was ₹1 in the quarter ending March 2024.
NIBE Ltd Dividend related ratios:
- Last dividend date: 27/05/2024
- Current Dividend Yield: 0.06%
- Annual dividend payment: ₹1
History of NIBE Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
20/09/2024 | CASH | ₹1 | 27/05/2024 | 21/09/2024 |
15/09/2023 | CASH | ₹0.10 | 24/05/2023 | 17/09/2023 |
