Nikhil Adhesives Ltd

₹92.25

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

Nikhil Adhesives Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹427.45Cr. Its share price is ₹92.25 as on 4 March,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, Nikhil Adhesives Ltd gave ₹0.20 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

Basic Materials stocks do not always pay a dividend but as Nikhil Adhesives Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Nikhil Adhesives Ltd has declared dividend of ₹0.20 - translating a dividend yield of 0.22%.

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

Nikhil Adhesives Ltd’s revenue were ₹46.78Cr in the quarter ending March 2012. The revenue grew by 29.62% year on year basis since last quarter.
Nikhil Adhesives Ltd’s profits were ₹0.31Cr in the quarter ending March 2012. The profits fell by -675% year on year basis since last quarter.
Nikhil Adhesives Ltd’s dividend was ₹0.20 in the quarter ending March 2024.

Nikhil Adhesives Ltd Dividend related ratios:

Last dividend date: 22/05/2024
Current Dividend Yield: 0.22%
Annual dividend payment: ₹0.20

History of Nikhil Adhesives Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
19/09/2024	CASH	₹0.20	22/05/2024	19/09/2024
14/09/2023	CASH	₹0.20	16/05/2023	15/09/2023
02/09/2022	CASH	₹2	21/05/2022	06/09/2022
20/09/2021	CASH	₹1.50	02/07/2021	22/09/2021
21/12/2020	CASH	₹1	31/07/2020	23/12/2020