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N.B.I. Industrial Finance Company Limited, a non-banking financial company, engages in the investing in shares and securities, and financial activities. The company was formerly known as The New Bank of India Limited and changed its name to N.B.I. Industrial Finance Company Limited in May 1951. N.B.I. Industrial Finance Company Limited was incorporated in 1936 and is based in Kolkata, India.

N.B.I. Industrial Finance Dividend Announcement

N.B.I. Industrial Finance announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2024-09-15. Ex dividend date: 2024-08-09
N.B.I. Industrial Finance annual dividend for 2024 was ₹0.50
N.B.I. Industrial Finance annual dividend for 2023 was ₹0.40
N.B.I. Industrial Finance's trailing twelve-month (TTM) dividend yield is 0.02%

N.B.I. Industrial Finance Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-09₹0.50annually2024-09-15
2023-08-14₹0.40annually2023-09-20
2017-09-07₹1.00annually2017-10-16

N.B.I. Industrial Finance Dividend per year

N.B.I. Industrial Finance Dividend Yield

N.B.I. Industrial Finance current trailing twelve-month (TTM) dividend yield is 0.02%. Interested in purchasing N.B.I. Industrial Finance stock? Use our calculator to estimate your expected dividend yield:

N.B.I. Industrial Finance Financial Ratios

P/E ratio144.12
PEG ratio22.80
P/B ratio0.24
ROE0.17%
Payout ratio0.00%
Current ratio2.61
Quick ratio2.61
Cash Ratio0.26

N.B.I. Industrial Finance Dividend FAQ

Does N.B.I. Industrial Finance stock pay dividends?
N.B.I. Industrial Finance does not currently pay dividends to its shareholders.
Has N.B.I. Industrial Finance ever paid a dividend?
No, N.B.I. Industrial Finance has no a history of paying dividends to its shareholders. N.B.I. Industrial Finance is not known for its dividend payments.
Why doesn't N.B.I. Industrial Finance pay dividends?
There are several potential reasons why N.B.I. Industrial Finance would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will N.B.I. Industrial Finance ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While N.B.I. Industrial Finance has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is N.B.I. Industrial Finance a dividend aristocrat?
N.B.I. Industrial Finance is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is N.B.I. Industrial Finance a dividend king?
N.B.I. Industrial Finance is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is N.B.I. Industrial Finance a dividend stock?
No, N.B.I. Industrial Finance is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy N.B.I. Industrial Finance stocks?
To buy N.B.I. Industrial Finance you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy N.B.I. Industrial Finance stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.