NIITMTS
NIIT Learning Systems Ltd
₹507.45
NIIT Learning Systems Ltd Dividend 2024 : Should NIIT Learning Systems Ltd be a part of your dividend portfolio?
NIIT Learning Systems Ltd is one of the most popular IT - Software company in the world with a market capitalisation of ₹6,896.60Cr. Its share price is ₹507.45 as on 8 September,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, NIIT Learning Systems Ltd gave ₹5.25 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- IT - Software stocks do not always pay a dividend but as NIIT Learning Systems Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, NIIT Learning Systems Ltd has declared dividend of ₹2.75 - translating a dividend yield of 1.03%.
Let's look at NIIT Learning Systems Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- NIIT Learning Systems Ltd’s revenue were ₹416.58Cr in the quarter ending June 2024. The revenue grew by 6.89% year on year basis since last quarter.
- NIIT Learning Systems Ltd’s profits were ₹60.02Cr in the quarter ending June 2024. The profits grew by 8.79% year on year basis since last quarter.
- NIIT Learning Systems Ltd’s dividend was ₹2.75 in the quarter ending March 2024.
NIIT Learning Systems Ltd Dividend related ratios:
- Last dividend date: 22/05/2024
- Current Dividend Yield: 1.03%
- Annual dividend payment: ₹5.25
History of NIIT Learning Systems Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
05/09/2024 | CASH | ₹2.75 | 22/05/2024 | 05/09/2024 |
10/11/2023 | CASH | ₹2.50 | 30/10/2023 | 10/11/2023 |
