NMDC

NMDC Ltd

₹65.18

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

NMDC Ltd is one of the most popular Basic Materials company in the world with a market capitalisation of ₹57,313.86Cr. Its share price is ₹65.18 as on 12 March,2025.The dividend is a percentage of earnings paid out to shareholders. Last year, NMDC Ltd gave ₹7.25 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 NMDC Ltd pays dividends to reward its shareholders.
In the quarter ending March 2024, NMDC Ltd has declared dividend of ₹1.50 - translating a dividend yield of 11.12%.

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

NMDC Ltd’s revenue were ₹6,942.92Cr in the quarter ending December 2024. The revenue grew by 20.82% year on year basis since last quarter.
NMDC Ltd’s profits were ₹1,881.96Cr in the quarter ending December 2024. The profits grew by 26.82% year on year basis since last quarter.
NMDC Ltd’s dividend was ₹1.50 in the quarter ending March 2024.

NMDC Ltd Dividend related ratios:

Last dividend date: 27/05/2024
Current Dividend Yield: 11.12%
Annual dividend payment: ₹7.25

History of NMDC Ltd's Dividend payments

Ex/EFF DATE	TYPE	CASH AMOUNT	DECLARATION DATE	RECORD DATE
17/09/2024	CASH	₹1.50	27/05/2024	18/09/2024
27/02/2024	CASH	₹5.75	14/02/2024	27/02/2024
31/08/2023	CASH	₹2.85	23/05/2023	31/08/2023
24/02/2023	CASH	₹3.75	14/02/2023	24/02/2023
17/02/2022	CASH	₹5.73	08/02/2022	18/02/2022