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Dividend of Nitin Castings Ltd

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Nitin Castings Ltd

NSE: NITINCASTINGS

Dividend Payout (Final)

₹ 3

Ex-Dividend Date: Sep 20, 2024

Key Highlights

  • The dividend payouts of Nitin Castings Ltd changed from ₹ 3 to ₹ 1 over 6 quarters. This represents a CAGR of -51.93% .
  • The Latest Trading Price of Nitin Castings Ltd is ₹ 700 as of 12 Dec 15:30 .

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Monitoring Nitin Castings Ltd share price can help you stay informed about potential market shifts and opportunities.

Historical Dividend Payouts of Nitin Castings Ltd

Fiscal Year
leftDividend Payout (₹)right
2023-243
2022-231
2021-221
2020-211
2018-191

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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Nitin Castings Ltd

NSE: NITINCASTINGS

Share Price

₹ 700

13.65 (1.99%)

stock direction

Last updated on: Dec 12, 2024

Company Fundamentals for Nitin Castings Ltd

No data available

Dividend Payout Over Time

No data available

Net Profit Vs Dividend Per Share

SWOT Analysis

Strength

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Weakness

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BlinkX Score for Nitin Castings Ltd

Historical Market Cap of Nitin Castings Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Nitin Castings Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Nitin Castings Ltd News Hub

Nitin Castings standalone net profit rises 9.09% in the June 2024 quarter

Net profit of Nitin Castings rose 9.09% to Rs 3.96 crore in the quarter ended June 2024 as against R

Read more

2024-08-14 00:00:00

Nitin Castings to declare Quarterly Result

Nitin Castings will hold a meeting of the Board of Directors of the Company on 14 August 2024. Power

Read more

2024-08-12 00:00:00

Nitin Castings schedules AGM

Nitin Castings announced that the 41th Annual General Meeting (AGM) of the company will be held on 2

Read more

2024-09-06 00:00:00

Nitin Castings declare Quarterly Result

Nitin Castings will hold a meeting of the Board of Directors of the Company on 14 November 2024 Powe

Read more

2024-11-12 00:00:00

About Nitin Castings Ltd

  • Nitin Alloys Global Ltd (Formerly known Nitin Alloys Global Limited) manufactures and sells Alloys Steel Castings.
  • The company offers centrifugal castings for applications in various industries, such as fertilizers and petrochemicals, industrial furnaces, steel plants, sponge iron plants, and pig iron plants; and high alloy steel castings for heat and corrosion resistant applications.
  • The Company has manufacturing unit at Dadra and Nagar Haveli and is having Machining and Fabrication workshop at Valsad, Gujarat. Nitin Alloys Global Ltd, a part of the Kedia group was formed on 3rd December, 1982 with the name Aditya Leasing Ltd. The name of the company was changed from Aditya Leasing Ltd to Nitin Alloys Global Ltd with effect from June 6, 2006. During the year 2007-08, the company completed the expansion process of their increase in production capacity and commenced commercial prodcution.

FAQs for Dividends of Nitin Castings Ltd

What is the current market price of Nitin Castings Ltd as of December 12, 2024?

The current market price of Nitin Castings Ltd stands at 700.0 per share.

What dividend did Nitin Castings Ltd declare in the last fiscal year?

In the last fiscal year, Nitin Castings Ltd declared a dividend totaling ₹0.8.

What is the most recent dividend declared by Nitin Castings Ltd?

Nitin Castings Ltd has declared dividend worth ₹0.0 in the latest quarter..

How many times has Nitin Castings Ltd declared dividends in the current fiscal year?

Nitin Castings Ltd has declared dividends 2 times totaling ₹0 in the current fiscal year (FY2024-2025).

How many times did Nitin Castings Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2023-2024), Nitin Castings Ltd declared dividends 4 times totaling ₹0.8.

What is Dividend Yield of Nitin Castings Ltd?

The Nitin Castings Ltd's Dividend Yield is 0.4 as of December 12, 2024

Will I get Nitin Castings Ltd dividend if I have shares?

If you purchase Nitin Castings 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 Nitin Castings Ltd dividend if I sell my shares?

Shareholders who sell their Nitin Castings Ltd stock before the ex-dividend date do not receive the dividend.

How do I check if I am eligible for a Nitin Castings Ltd dividend?

To be eligible for the Nitin Castings Ltd dividend, you must buy the stock no later than one day before the ex-dividend date.

Is Nitin Castings Ltd dividend automatically credited to a bank account?

If your bank mandate is registered with the registrar, the Nitin Castings Ltd dividend amount will be automatically credited to your bank account.

Will I get Nitin Castings Ltd dividend if I have shares?

If you purchase Nitin Castings 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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