Nuvama Wealth Management Ltd Dividend 2024 : Should Nuvama Wealth Management Ltd be a part of your dividend portfolio?
Nuvama Wealth Management Ltd is one of the most popular Stock/ Commodity Brokers company in the world with a market capitalisation of ₹23,211.45Cr. Its share price is ₹6,485.10 as on 23 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Nuvama Wealth Management Ltd gave ₹144.50 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Stock/ Commodity Brokers stocks do not always pay a dividend but as Nuvama Wealth Management Ltd pays dividends to reward its shareholders.
In the quarter ending September 2024, Nuvama Wealth Management Ltd has declared dividend of ₹63 - translating a dividend yield of 2.23%.
Let's look at Nuvama Wealth Management Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Nuvama Wealth Management Ltd’s revenue were ₹1,056.84Cr in the quarter ending September 2024. The revenue grew by 43.23% year on year basis since last quarter.
Nuvama Wealth Management Ltd’s profits were ₹257.64Cr in the quarter ending September 2024. The profits grew by 77.47% year on year basis since last quarter.
Nuvama Wealth Management Ltd’s dividend was ₹63 in the quarter ending September 2024.
Nuvama Wealth Management Ltd Dividend related ratios:
Last dividend date: 25/10/2024
Current Dividend Yield: 2.23%
Annual dividend payment: ₹144.50
History of Nuvama Wealth Management Ltd's Dividend payments