NITIRAJ
Nitiraj Engineers Ltd
₹227.35
Nitiraj Engineers Ltd Dividend 2024 : Should Nitiraj Engineers Ltd be a part of your dividend portfolio?
Nitiraj Engineers Ltd is one of the most popular Consumer Cyclical company in the world with a market capitalisation of ₹233.06Cr. Its share price is ₹227.35 as on 21 December,2024.The dividend is a percentage of earnings paid out to shareholders. Last year, Nitiraj Engineers Ltd gave ₹1.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
- Consumer Cyclical stocks do not always pay a dividend but as Nitiraj Engineers Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Nitiraj Engineers Ltd has declared dividend of ₹1.50 - translating a dividend yield of 0.66%.
Let's look at Nitiraj Engineers Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Nitiraj Engineers Ltd’s revenue were ₹11.73Cr in the quarter ending March 2023. The revenuefell by -15.49% year on year basis since last quarter.
- Nitiraj Engineers Ltd’s dividend was ₹1.50 in the quarter ending March 2024.
Nitiraj Engineers Ltd Dividend related ratios:
- Last dividend date: 27/05/2024
- Current Dividend Yield: 0.66%
- Annual dividend payment: ₹1.50
History of Nitiraj Engineers Ltd's Dividend payments
| Ex/EFF DATE | TYPE | CASH AMOUNT | DECLARATION DATE | RECORD DATE |
|---|---|---|---|---|
17/09/2024 | CASH | ₹1.50 | 27/05/2024 | 17/09/2024 |
