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Nitin Spinners Limited (IN:NITINSPIN)
:NITINSPIN
Dividend Data
Last Ex-Dividend Date
Sep 09, 2024Payment date
Oct 16, 2024
Oct 16, 2024
Dividend Amount Per Share
₹2.5Annually
Dividend Yield
0.64%Sector: Basic Materials
Sector Average: 1.733%
Sector Average: 1.733%
Payout Ratio
8.01%Dividend Growth
5 years Since 2020
Last 3 Months
NITINSPIN Dividend History
Ex-Date | Record Date | Payment Date | Frequency | Declaration Date | Amount |
|---|---|---|---|---|---|
Sep 09, 2024 | Sep 09, 2024 | Oct 16, 2024 | Annually | Aug 21, 2024 | ₹2.50 |
Sep 11, 2023 | Sep 11, 2023 | Oct 18, 2023 | Annually | Aug 24, 2023 | ₹2.50 |
Sep 07, 2022 | Sep 08, 2022 | Oct 15, 2022 | Annually | May 12, 2022 | ₹2.50 |
Feb 10, 2022 | Feb 11, 2022 | Mar 05, 2022 | Annually | Feb 03, 2022 | ₹1.50 |
Sep 08, 2021 | Sep 09, 2021 | Oct 16, 2021 | Annually | Aug 23, 2021 | ₹1.50 |
Sep 08, 2020 | Sep 09, 2020 | Oct 16, 2020 | Annually | Aug 21, 2020 | ₹0.60 |
Sep 12, 2019 | Sep 13, 2019 | Oct 20, 2019 | Annually | Aug 23, 2019 | ₹1.25 |
Sep 12, 2018 | Sep 14, 2018 | Oct 22, 2018 | Annually | Aug 21, 2018 | ₹1.20 |
Aug 24, 2017 | Aug 28, 2017 | Oct 04, 2017 | Annually | Aug 10, 2017 | ₹1.20 |
Sep 15, 2016 | Sep 16, 2016 | Oct 24, 2016 | Annually | Aug 30, 2016 | ₹1.00 |
FAQ
Does Nitin Spinners Limited pay dividends?
Yes, IN:NITINSPIN has paid a dividend within the past 12 months.
How much is Nitin Spinners Limited's dividend?
IN:NITINSPIN pays a dividend of ₹2.5 per share. IN:NITINSPIN's annual dividend yield is 0.64%.
When is Nitin Spinners Limited ex-dividend date?
Nitin Spinners Limited's previous ex-dividend date was on Sep 09, 2024. Nitin Spinners Limited shareholders who own IN:NITINSPIN stock before this date received Nitin Spinners Limited's last dividend payment of ₹2.5 per share on Oct 16, 2024. IN:NITINSPIN's next ex-dividend date has not been announced yet.
When is Nitin Spinners Limited dividend payment date?
Nitin Spinners Limited’s next quarterly payment date is on Oct 16, 2024, when Nitin Spinners Limited shareholders who owned IN:NITINSPIN shares before Sep 09, 2024 received a dividend payment of ₹2.5 per share. Add IN:NITINSPIN to your watchlist to be reminded of IN:NITINSPIN's next dividend payment.
Does Nitin Spinners Limited have sufficient earnings to cover their dividend?
Yes, IN:NITINSPIN's past year earnings per share was ₹8.25, and their annual dividend per share is ₹2.50. IN:NITINSPIN's dividend payout ratio is 8.01% (₹2.50/₹8.25) which is sustainable.