14-day Premium Trial Subscription Try For FreeTry Free

NMDC Limited Stock Dividends Overview

NMDC.NS pays dividends biannually. Last paid amount was ₹5.75 at Mar 15, 2024. As of today, dividend yield (TTM) is 4.85%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
AI Analysis of NMDC.NS
Powered by GPT-4o
New!
Dividend Analysis

Key Stats

Dividend Yield (TTM) 4.85%
Frequency Biannually
1Y Growth 101.75%
Payout Ratio 0
Amount Per Share ₹5.75
NMDC Limited has not yet announced its next dividend date. Last payment date was: Mar 15, 2024.

NMDC Dividend Payout History

To ensure a understanding of NMDC's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 27, 2024 Feb 27, 2024 Mar 15, 2024 ₹5.75 2.90%
2 Aug 31, 2023 Aug 31, 2023 Oct 07, 2023 ₹2.85 1.95%
3 Feb 24, 2023 Feb 24, 2023 Feb 24, 2023 ₹3.75 3.35%
4 Feb 17, 2022 Feb 17, 2022 Feb 17, 2022 ₹5.73 5.15%
5 Dec 14, 2021 Dec 14, 2021 Dec 14, 2021 ₹9.01 8.45%
6 Mar 22, 2021 Mar 22, 2021 Mar 22, 2021 ₹7.76 7.87%
7 Feb 06, 2020 Feb 18, 2020 Mar 07, 2020 ₹5.29 7.34%
8 Mar 12, 2019 Mar 22, 2019 Sep 29, 2019 ₹5.52 7.85%
9 Mar 27, 2018 Mar 27, 2018 Mar 27, 2018 ₹4.30 4.60%
10 Mar 26, 2018 Mar 26, 2018 Mar 26, 2018 ₹4.30 4.58%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

good (73.14%)

Growth potential

Decrease likely (20.11%)

NMDC Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from NMDC dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in NMDC stock here.

Comparing NMDC to Sector and Country

NMDC.NS pays a solid dividend yield of 4.85%, which is higher than the average of the bottom 25% of dividend payers in the IN market (0.263%). NMDC.NS’s dividend yield is higher than the average of the top 25% of dividend payers in the Basic Materials sector in the IN market (3.07%).

FAQ

What factors can affect the amount of NMDC.NS's dividend payments?
The amount of NMDC.NS's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in NMDC.NS sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from NMDC.NS stock be automatically reinvested?
If NMDC.NS offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy NMDC.NS stock.

How often does NMDC.NS pay dividend?
NMDC Limited (NMDC.NS) pays dividends biannually. The most recent payout was on Mar 15, 2024.

How much does NMDC.NS pays per share?
The last recorder (Feb 27, 2024) dividend per share was ₹5.75.

What is NMDC.NS dividend growth rate?
Over the last year, NMDC Limited has witnessed growth rate of 101.75% . Looking back over the past 3 years, this growth rate has been -13.90%. Furthermore, examining the past 5 years, NMDC Limited has maintained an average Dividends Per Share Growth Rate of 1.68%.
Click to get the best stock tips daily for free!

About NMDC Limited

NMDC Limited NMDC Limited, together with its subsidiaries, explores for and produces iron ore in India. The company also explores for a range of minerals, such as copper, rock phosphate, lime stone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, beach sands, etc., as well as coal and gold ores. In addition, it produces and sells sponge iron; and generates and sells wind power. The company primarily holds interests in the Bailadila i... NMDC.NS Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT