508875
Nitin Castings Ltd
₹704.80
Nitin Castings Ltd Dividend 2024 : Should Nitin Castings Ltd be a part of your dividend portfolio?
Nitin Castings Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹362.39Cr. Its share price is ₹704.80 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Nitin Castings Ltd gave ₹3.75 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 Nitin Castings Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Nitin Castings Ltd has declared dividend of ₹3 - translating a dividend yield of 0.53%.
Let's look at Nitin Castings Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Nitin Castings Ltd’s revenue were ₹40.22Cr in the quarter ending September 2024. The revenuefell by -1.78% year on year basis since last quarter.
- Nitin Castings Ltd’s profits were ₹4.20Cr in the quarter ending September 2024. The profits grew by 31.66% year on year basis since last quarter.
- Nitin Castings Ltd’s dividend was ₹3 in the quarter ending March 2024.
Nitin Castings Ltd Dividend related ratios:
- Last dividend date: 22/05/2024
- Current Dividend Yield: 0.53%
- Annual dividend payment: ₹3.75
History of Nitin Castings Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
20/09/2024 | CASH | ₹3 | 22/05/2024 | 21/09/2024 |
10/08/2023 | CASH | ₹0.75 | 30/05/2023 | 10/08/2023 |
23/09/2022 | CASH | ₹0.50 | 26/08/2022 | 22/09/2022 |
17/09/2021 | CASH | ₹0.50 | 23/08/2021 | 21/09/2021 |
20/09/2019 | CASH | ₹0.50 | 29/05/2019 | 24/09/2019 |
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