Nava Ltd releases Interim Dividend information for 2024 in the Utilities sector
0.51%
Div. Yield
4.62%
Payout Rat.
Nava Ltd has declared an Interim Dividend for the year 2024, amounting to ₹4.00 per share. Investors must hold shares by August 29, 2024, the ex-dividend date, to receive the declared dividend. The stock is currently priced at ₹959.45.
Building on its Final Dividend of ₹4.00 per share from 2024, the company’s dividend payout ratio of 4.62% reflects its approach to sharing profits with investors while maintaining growth. The dividend yield of 0.51% shows the return relative to the value of the stock.
Dividend Yield History
| Year | Yield |
|---|---|
| 2024 | 0.44% |
| 2023 | 1.80% |
| 2022 | 3.00% |
| 2021 | 2.28% |
| 2020 | 2.31% |
Dividend Payment History
| Ex-Div Date | Amount | Type | Share Price |
|---|---|---|---|
| August 29, 2024 | ₹4.00 | Interim Dividend | ₹959.45 |
| July 31, 2024 | ₹4.00 | Final Dividend | ₹914.9 |
| July 23, 2023 | ₹6.00 | Final Dividend | ₹332.75 |
| July 31, 2022 | ₹6.00 | Final Dividend | ₹200.25 |
| August 17, 2021 | ₹2.50 | Final Dividend | ₹109.7 |
| March 8, 2020 | ₹1.50 | Interim Dividend | ₹64.8 |
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
Nava Ltd has declared dividend worth ₹4.00
Nava Ltd has declared dividend on August 29, 2024
As of February 17, 2025, the dividend yield for Nava Ltd is 0.51%
The most recent dividend payment for Nava Ltd was ₹4.00 per share.
The current dividend payout ratio for Nava Ltd is 4.62%
