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Dividend of New India Assurance Company Ltd

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New India Assurance Company Ltd

NSE: NIACL

Dividend Payout (Final)

₹ 2.06

Ex-Dividend Date: Sep 06, 2024

Key Highlights

  • New India Assurance Company Ltd dividend yield is 1.1%.
  • New India Assurance Company Ltd has declared 6 dividends since 2017.
  • In the past 12 months, New India Assurance Company Ltd has given a dividend of ₹2.00 per share.
  • The Latest Trading Price of New India Assurance Company Ltd is ₹ 174.2 as of 13 Jan 15:30 .

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Monitoring New India Assurance Company Ltd share price can help you stay informed about potential market shifts and opportunities.

Historical Dividend Payouts of New India Assurance Company Ltd

Fiscal Year
leftDividend Payout (₹)right
2023-242
2022-232
2021-220
2018-192
2017-185

Overview of Dividend

  • <h2><strong>Types of Dividend</strong></h2><br> <h3>Special Dividend</h3> <p>A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.</p> <br> <h3>Preferred Dividend</h3> <p>A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.</p> <br> <h3>Interim Dividend</h3> <p>Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.</p> <br> <h3>Final Dividend</h3> <p>A final dividend is issued after the year's accounts have been compiled.
  • Aside from this, the following list highlights the most prevalent sorts of dividends:</p> <br>.

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


Dividend Yield Comparison With Top Peers

* All values are in %

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New India Assurance Company Ltd

NSE: NIACL

Share Price

₹ 174.2

-14.50 (-7.68%)

stock direction

Last updated on: Jan 13, 2025

Company Fundamentals for New India Assurance Company Ltd

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis Of New India Assurance Company Ltd

Strength

2

che

Weakness

3

che

Opportunity

0

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Threats

1

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BlinkX Score for New India Assurance Company Ltd

Historical Market Cap of New India Assurance Company Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of New India Assurance Company Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

New India Assurance Company Ltd News Hub

New India Assurance slides as Q1 PAT slips 12% YoY

Total income rose 5.71% year on year (YoY) to Rs 9,865.29 crore in the quarter ended 30 June 2024. C

Read more

2024-08-09 00:00:00

New India Assurance Company consolidated net profit declines 8.04% in the June 2024 quarter

Net profit of New India Assurance Company declined 8.04% to Rs 239.31 crore in the quarter ended Jun

Read more

2024-08-09 00:00:00

New India Assurance Company to conduct board meeting

New India Assurance Company will hold a meeting of the Board of Directors of the Company on 8 August

Read more

2024-08-01 00:00:00

New India Assurance Company to conduct AGM

New India Assurance Company announced that the Annual General Meeting (AGM) of the company will be h

Read more

2024-09-05 00:00:00

About New India Assurance Company Ltd

  • The New India Assurance Company Limited is the largest general insurance company in India in terms of net worth, domestic gross direct premium, profit after tax and number of branches.
  • The Company's operations are spread across 29 States and seven Union Territories in India and across 26 other countries globally through a number of international branches, agency offices and Subsidiaries including a desk at Lloyd's, London.
  • The Company's insurance products can be broadly categorized into the following product verticals: fire insurance; marine insurance, motor insurance, crop insurance, health insurance and other insurance products.
  • The Company is registered with IRDAI for carrying out the business of general insurance. The New India Assurance Company Limited was incorporated as a Limited Company on July 23, 1919 at Mumbai, Maharashtra, India.

FAQs for Dividends of New India Assurance Company Ltd

What is the current market price of New India Assurance Company Ltd as of January 13, 2025?

The current market price of New India Assurance Company Ltd stands at 174.2 per share.

What dividend did New India Assurance Company Ltd declare in the last fiscal year?

In the last fiscal year, New India Assurance Company Ltd declared a dividend totaling ₹1.9.

What is the most recent dividend declared by New India Assurance Company Ltd?

New India Assurance Company Ltd has declared dividend worth ₹2.1 in the latest quarter..

How many times has New India Assurance Company Ltd declared dividends in the current fiscal year?

New India Assurance Company Ltd has declared dividends 2 times totaling ₹2 in the current fiscal year (FY2024-2025).

How many times did New India Assurance Company Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), New India Assurance Company Ltd declared dividends 4 times totaling ₹1.9.

What is Dividend Yield of New India Assurance Company Ltd?

The New India Assurance Company Ltd's Dividend Yield is 1.1 as of January 13, 2025

Will I get New India Assurance Company Ltd dividend if I have shares?

If you purchase New India Assurance Company Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.

Do I lose my New India Assurance Company Ltd dividend if I sell my shares?

Shareholders who sell their New India Assurance Company Ltd stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a New India Assurance Company Ltd dividend?

To be eligible for the New India Assurance Company Ltd dividend, you must buy the stock no later than one day before the ex-dividend date.

Is New India Assurance Company Ltd dividend automatically credited to a bank account?

If your bank mandate is registered with the registrar, the New India Assurance Company Ltd dividend amount will be automatically credited to your bank account.

Will I get New India Assurance Company Ltd dividend if I have shares?

If you purchase New India Assurance Company Ltd stock on or after its ex-dividend date, you won’t receive the next dividend; the seller will. Buy before the ex-dividend date to receive the dividend.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.

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