NMDC
NMDC Ltd
₹221.22
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 ₹64,810.35Cr. Its share price is ₹221.22 as on 21 November,2024.
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 3.28%.
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 ₹5,279.68Cr in the quarter ending September 2024. The revenue grew by 21.79% year on year basis since last quarter.
- NMDC Ltd’s profits were ₹1,211.57Cr in the quarter ending September 2024. The profits grew by 18.06% 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: 3.28%
- 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 |
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