Nmdc Ltd releases Final Dividend information for 2024 in the Commodities sector
3.86%
Div. Yield
38.14%
Payout Rat.
Nmdc Ltd has declared an Final Dividend for the year 2024, amounting to ₹1.50 per share. Investors must hold shares by September 16, 2024, the ex-dividend date, to receive the declared dividend. The stock is currently priced at ₹219.10.
Building on its Interim Dividend of ₹5.75 per share from 2024, the company’s dividend payout ratio of 38.14% reflects its approach to sharing profits with investors while maintaining growth. The dividend yield of 3.86% shows the return relative to the value of the stock.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 2.45% |
| 2023 | 3.20% |
| 2022 | 3.75% |
| 2021 | 5.82% |
| 2020 | 4.98% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| September 16, 2024 | ₹1.50 | Final Dividend | ₹219.1 |
| February 26, 2024 | ₹5.75 | Interim Dividend | ₹234.95 |
| August 30, 2023 | ₹2.85 | Final Dividend | ₹123.55 |
| February 23, 2023 | ₹3.75 | Interim Dividend | ₹117.05 |
| February 16, 2022 | ₹5.73 | Interim Dividend | ₹152.7 |
| December 13, 2021 | ₹9.01 | Interim Dividend | ₹147.5 |
| March 21, 2021 | ₹7.76 | Interim Dividend | ₹133.35 |
| February 17, 2020 | ₹5.29 | Interim Dividend | ₹106.25 |
Dividend Stars
| Stock Name | Median Yield | Current Yield |
|---|---|---|
 Oracle Financial Services Software Ltd NSE: OFSS | 5.42% | 3.09% |
 Indian Oil Corporation Ltd NSE: IOC | 3.88% | 10.57% |
 Hindustan Petroleum Corporation Ltd NSE: HINDPETRO | 3.60% | 7.15% |
 Gail India Ltd NSE: GAIL | 3.34% | 4.17% |
Nmdc Ltd NSE: NMDC | 3.25% | 3.87% |
FAQs
Nmdc Ltd has declared dividend worth ₹1.50
Nmdc Ltd has declared dividend on September 16, 2024
As of February 17, 2025, the dividend yield for Nmdc Ltd is 3.86%
The most recent dividend payment for Nmdc Ltd was ₹1.50 per share.
The current dividend payout ratio for Nmdc Ltd is 38.14%