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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-09 | ₹0.50 | annually | 2024-09-15 |
2023-08-14 | ₹0.40 | annually | 2023-09-20 |
2017-09-07 | ₹1.00 | annually | 2017-10-16 |
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
N.B.I. Industrial Finance Dividend FAQ
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.
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.