Modis Navnirman Ltd reinforces Final Dividend strategy with latest announcement for 2023
0%
Div. Yield
25.86%
Payout Rat.
Modis Navnirman Ltd has announced an Final Dividend of ₹1.00 per share for the year 2023. Shareholders need to own the shares on or before September 5, 2023 to be eligible for the announced dividend. The stock is currently priced at ₹179.95.
The company’s dividend payout ratio of 25.86% reflects its approach to distributing profits. At 0.00%, the dividend yield indicates the return based on the stock's current price.
Dividend Yield History
| Year | Yield |
|---|---|
| 2023 | 0.56% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| September 5, 2023 | ₹1.00 | Final Dividend | ₹179.95 |
Dividend Stars
| Stock Name | Median Yield | Current Yield |
|---|---|---|
 Oracle Financial Services Software Ltd NSE: OFSS | 5.41% | 4.03% |
 Indian Oil Corporation Ltd NSE: IOC | 3.81% | 4.84% |
 Cesc Ltd NSE: CESC | 3.08% | 3.93% |
 Gail India Ltd NSE: GAIL | 3.02% | 5.25% |
 Bajaj Auto Ltd NSE: BAJAJ-AUTO | 2.97% | 2.32% |
FAQs
Modis Navnirman Ltd has declared dividend worth ₹1.00
Modis Navnirman Ltd has declared dividend on September 5, 2023
As of February 17, 2025, the dividend yield for Modis Navnirman Ltd is 0.00%
The most recent dividend payment for Modis Navnirman Ltd was ₹1.00 per share.
The current dividend payout ratio for Modis Navnirman Ltd is 25.86%
