NIITLTD

NIIT Ltd

₹185.14

NIIT Ltd Dividend 2024 : Should NIIT Ltd be a part of your dividend portfolio?

NIIT Ltd is one of the most popular Technology company in the world with a market capitalisation of ₹2,617.37Cr. Its share price is ₹185.14 as on 30 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, NIIT Ltd gave ₹1.25 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

Technology stocks do not always pay a dividend but as NIIT Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, NIIT Ltd has declared dividend of ₹0.75 - translating a dividend yield of 0.68%.

Let's look at NIIT Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:

NIIT Ltd’s revenue were ₹112.98Cr in the quarter ending September 2024. The revenue grew by 17.44% year on year basis since last quarter.
NIIT Ltd’s profits were ₹11.83Cr in the quarter ending September 2024. The profits grew by 11.18% year on year basis since last quarter.
NIIT Ltd’s dividend was ₹0.75 in the quarter ending March 2024.

NIIT Ltd Dividend related ratios:

Last dividend date: 24/05/2024
Current Dividend Yield: 0.68%
Annual dividend payment: ₹1.25

History of NIIT Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
05/09/2024	CASH	₹0.75	24/05/2024	05/09/2024
10/11/2023	CASH	₹0.50	31/10/2023	10/11/2023
08/02/2022	CASH	₹3	28/01/2022	09/02/2022
19/07/2021	CASH	₹2.50	04/06/2021	20/07/2021
01/09/2020	CASH	₹2	04/06/2020	03/09/2020