Nahar Capital and Financial Services Limited operates as a non-deposit taking non-banking financial company. The company operates through two segments, Investment/Financial and Real Estate. It invests in various financial securities, including equity, bonds, debentures, commodity, term deposits, and securities of various kind issued by companies, banks, mutual funds, and other authorities, as well as central, state, municipal, and local bodies. The company also provides lending services against liquid securities, such as shares, government bonds, gold, property, and other assets. In addition, it is involved in the real estate business, including the purchase and sale of residential and/or commercial land with trading perspective; dealing in real estate, the development of land, and the construction of building for commercial and residential purpose; leasing, hiring, or acquiring various real estate assets; and leasing of flats and buildings. Nahar Capital and Financial Services Limited was incorporated in 2006 and is based in Ludhiana, India.
Nahar Capital and Financial Services Dividend Announcement
• Nahar Capital and Financial Services announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-10-05. Ex dividend date: 2024-09-06
• Nahar Capital and Financial Services annual dividend for 2024 was ₹1.50
• Nahar Capital and Financial Services annual dividend for 2023 was ₹1.50
• Nahar Capital and Financial Services's trailing twelve-month (TTM) dividend yield is 0.42%
Nahar Capital and Financial Services Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-06 | ₹1.50 | annually | 2024-10-05 |
2023-09-08 | ₹1.50 | annually | 2023-10-25 |
2022-08-11 | ₹1.50 | annually | 2022-09-10 |
2021-11-16 | ₹1.50 | annually | 2021-12-09 |
2021-09-16 | ₹1.50 | annually | 2021-10-29 |
2020-09-17 | ₹0.50 | annually | 2020-10-29 |
2019-09-12 | ₹1.50 | annually | 2019-10-30 |
2018-09-10 | ₹1.50 | annually | 2018-10-28 |
2017-08-31 | ₹1.50 | annually | 2017-10-26 |
2016-09-08 | ₹1.50 | annually | 2016-10-30 |
2015-09-10 | ₹1.50 | annually | 2015-10-30 |
2014-09-11 | ₹1.50 | annually | 2014-10-30 |
2013-09-19 | ₹1.50 | annually | 2013-10-30 |
Nahar Capital and Financial Services Dividend per year
Nahar Capital and Financial Services Dividend growth
Nahar Capital and Financial Services Dividend Yield
Nahar Capital and Financial Services current trailing twelve-month (TTM) dividend yield is 0.42%. Interested in purchasing Nahar Capital and Financial Services stock? Use our calculator to estimate your expected dividend yield:
Nahar Capital and Financial Services Financial Ratios
Nahar Capital and Financial Services Dividend FAQ
Other factors to consider when evaluating Nahar Capital and Financial Services as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Nahar Capital and Financial Services's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Nahar Capital and Financial Services publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Nahar Capital and Financial Services distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Nahar Capital and Financial Services are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Nahar Capital and Financial Services sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Nahar Capital and Financial Services distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nahar Capital and Financial Services declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Nahar Capital and Financial Services's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Nahar Capital and Financial Services's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.