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Nitin Spinners Ltd Dividend

Nitin Spinners Ltd Dividend

stocks purchased

₹ 0.1 Cr

Volume Transacted

(Nov 29, 2024)

stocks purchased

3.3 K

Stocks Traded

(Nov 29, 2024)

Last Updated on: Nov 30, 2024

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Nitin Spinners Ltd

NSE: NITINSPIN

Dividend Payout (Final)

₹ 2.5

Ex-Dividend Date: Sep 09, 2024

Key Highlights

  • The dividend payouts of Nitin Spinners Ltd changed from ₹ 0.6 to ₹ 2.5 over 6 quarters. This represents a CAGR of 158.94% .
  • The Latest Trading Price of Nitin Spinners Ltd is ₹ 405.45 as of 29 Nov 15:30 .

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

Company Fundamentals for Nitin Spinners Ltd

No data available

Historical Dividend Payouts of Nitin Spinners Ltd

No data available

* All values are in

Dividend Payout Over Time

No data available

Dividend Yield Comparison With Top Peers

* All values are in %

Net Profit Vs Dividend Per Share

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Nitin Spinners Ltd

NSE: NITINSPIN

Share Price

₹ 405.45

-0.85 (-0.21%)

stock direction

Last updated on: Nov 29, 2024

SWOT Analysis Of Nitin Spinners Ltd

Strength

0

S

Weakness

0

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Nitin Spinners Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

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:


Historical Market Cap of Nitin Spinners Ltd

No data available

* All values are in crore

Historical Revenue of Nitin Spinners Ltd

No data available

* All values are in crore

Historical EBITDA of Nitin Spinners Ltd

No data available

* All values are in crore

Historical Net Profit of Nitin Spinners Ltd

No data available

* All values are in crore

About Nitin Spinners Ltd

  • Nitin Spinners Ltd was incorporated on 15th October, 1992 as a private limited Company with the name Nitin Spinners Pvt Ltd. On November 15, 1994, the company was converted into public limited company and the name was changed to Nitin Spinners Ltd. Nitin Spinners Ltd is an ISO 9001:2008 company and a Government of India recognized Export House, manufacturing 100% Cotton Yarns and Fabrics.
  • The company engaged in the textiles business.
  • They manufacture the range of yarn which include open end yarns, multifold open end yarns, ring spun combed yarns, multifold ring spun yarns, S and Z twist yarns, dyeable cheese cones and organic cotton yarns and blends. The company offers fabrics in greige form in tubular and open width.
  • The range includes single jersey, pique structures, interlock structures, rib structures and three thread fleece.

Nitin Spinners Ltd News Hub

News

Nitin Spinners announces board meeting date

Nitin Spinners will hold a meeting of the Board of Directors of the Company on 7 November ...

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26 Oct 202415:56

News

Nitin Spinners to conduct AGM

Nitin Spinners announced that the 32nd Annual General Meeting (AGM) of the company will be...

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23 Jul 202418:16

News

Board of Nitin Spinners approves change in directorate

The Board of Nitin Spinners at its meeting held on 22 July 2024 has approved the following...

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22 Jul 202417:36

News

Nitin Spinners to table results

Nitin Spinners will hold a meeting of the Board of Directors of the Company on 22 July 202...

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13 Jul 202413:36

News

Board of Nitin Spinners recommends Final Dividend

Nitin Spinners announced that the Board of Directors of the Company at its meeting held on...

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09 May 202415:30

News

Nitin Spinners to announce Quarterly Result

Nitin Spinners will hold a meeting of the Board of Directors of the Company on 9 May 2024....

Read more

30 Apr 202418:45

FAQs for Dividends of Nitin Spinners Ltd

What is the current market price of Nitin Spinners Ltd as of November 30, 2024?

The current market price of Nitin Spinners Ltd stands at 405.5 per share.

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

In the last fiscal year, Nitin Spinners Ltd declared a dividend totaling ₹2.5.

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

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

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

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

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

In the previous fiscal year (FY2023-2024), Nitin Spinners Ltd declared dividends 4 times totaling ₹2.5.

What is Dividend Yield of Nitin Spinners Ltd?

The Nitin Spinners Ltd's Dividend Yield is 0.6 as of November 30, 2024

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

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

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

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

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

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

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

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

If you purchase Nitin Spinners 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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