Nirlon Ltd

₹431.90

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

Nirlon Ltd is one of the most popular Real Estate company in the world with a market capitalisation of ₹3,894.99Cr. Its share price is ₹431.90 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Nirlon Ltd gave ₹37 for the full year, but should it be a part of your investments that give good dividends?

Key Highlights

Real Estate stocks do not always pay a dividend but as Nirlon Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, Nirlon Ltd has declared dividend of ₹11 - translating a dividend yield of 8.57%.

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

Nirlon Ltd’s revenue were ₹162.53Cr in the quarter ending September 2024. The revenue grew by 7.91% year on year basis since last quarter.
Nirlon Ltd’s profits were ₹56.49Cr in the quarter ending September 2024. The profits grew by 7.64% year on year basis since last quarter.
Nirlon Ltd’s dividend was ₹11 in the quarter ending March 2024.

Nirlon Ltd Dividend related ratios:

Last dividend date: 15/05/2024
Current Dividend Yield: 8.57%
Annual dividend payment: ₹37

History of Nirlon Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
12/09/2024	CASH	₹11	15/05/2024	12/09/2024
23/02/2024	CASH	₹15	12/02/2024	23/02/2024
04/09/2023	CASH	₹11	23/05/2023	04/09/2023
17/02/2023	CASH	₹15	09/02/2023	17/02/2023
07/09/2022	CASH	₹11	27/05/2022	08/09/2022