Nitta Gelatin India Ltd Dividend 2024 : Should Nitta Gelatin India Ltd be a part of your dividend portfolio?
Nitta Gelatin India Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹705.74Cr. Its share price is ₹776.05 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Nitta Gelatin India Ltd gave ₹6 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 Nitta Gelatin India Ltd pays dividends to reward its shareholders.
- In the quarter ending March 2024, Nitta Gelatin India Ltd has declared dividend of ₹6 - translating a dividend yield of 0.77%.
Let's look at Nitta Gelatin India Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
- Nitta Gelatin India Ltd’s revenue were ₹139.33Cr in the quarter ending September 2024. The revenuefell by -2.25% year on year basis since last quarter.
- Nitta Gelatin India Ltd’s profits were ₹20.21Cr in the quarter ending September 2024. The profits fell by -5.07% year on year basis since last quarter.
- Nitta Gelatin India Ltd’s dividend was ₹6 in the quarter ending March 2024.
Nitta Gelatin India Ltd Dividend related ratios:
- Last dividend date: 10/05/2024
- Current Dividend Yield: 0.77%
- Annual dividend payment: ₹6