National Aluminium Company Limited manufactures and sells alumina and aluminum products in India and internationally. It operates through Chemicals and Aluminium segments. It offers aluminum metal products, such as ingots, alloy ingots, T-ingots, sows, billets, and wire rods; alumina and hydrate products, including calcined alumina and alumina hydrate; zeolite-A products; specialty alumina and hydrate products; and aluminum rolled products and aluminum chequered sheets. The company also owns and operates an opencast mine covering an area of 16 square kilometers on Panchpatmali hills of Koraput district in Odisha; a wind power plant with 50.4 MW of generation capacity in Gandikota, Andhra Pradesh; a wind power plant with 47.6 MW of generation capacity at Jaisalmer, Rajasthan; a wind power plant with 50 MW of generation capacity at Devikot, Rajasthan; a wind power plant with 50.4 MW of generation capacity at Jath, Maharashtra; and a solar power plant in Bhubaneswar. In addition, it owns and operates mechanized storage and ship handling facilities for exporting alumina and importing caustic soda. National Aluminium Company Limited was founded in 1981 and is based in Bhubaneswar, India.
National Aluminium Dividend Announcement
• National Aluminium announced a quarterly dividend of ₹2.00 per ordinary share which will be made payable on 2024-10-27. Ex dividend date: 2024-09-20
• National Aluminium annual dividend for 2024 was ₹4.00
• National Aluminium annual dividend for 2023 was ₹5.50
• National Aluminium's trailing twelve-month (TTM) dividend yield is 2.17%
• National Aluminium's dividend growth over the last five years (2018-2023) was -0.71% year
• National Aluminium's dividend growth over the last ten years (2013-2023) was 15.97% year
National Aluminium Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-20 | ₹2.00 | quarterly | 2024-10-27 |
2024-02-23 | ₹2.00 | quarterly | |
2023-11-22 | ₹1.00 | quarterly | 2023-12-07 |
2023-09-15 | ₹1.00 | quarterly | 2023-10-21 |
2023-03-21 | ₹2.50 | quarterly | 2023-03-31 |
2023-01-25 | ₹1.00 | quarterly | 2023-02-15 |
2022-09-15 | ₹1.50 | quarterly | 2022-10-22 |
2022-02-17 | ₹3.00 | quarterly | 2022-03-07 |
2021-11-24 | ₹2.00 | quarterly | 2021-12-10 |
2021-09-23 | ₹1.00 | quarterly | 2021-10-30 |
2021-03-22 | ₹2.00 | quarterly | 2021-04-14 |
2020-12-01 | ₹0.50 | quarterly | 2020-12-17 |
2020-02-18 | ₹1.50 | quarterly | 2020-03-11 |
2019-09-11 | ₹1.25 | quarterly | 2019-10-18 |
2019-03-11 | ₹4.50 | quarterly | 2019-03-31 |
2018-08-23 | ₹1.00 | quarterly | 2018-09-28 |
2018-02-16 | ₹4.70 | quarterly | 2018-03-10 |
2017-03-09 | ₹2.80 | quarterly | 2017-03-23 |
2016-09-27 | ₹0.75 | quarterly | 2016-10-30 |
2016-03-23 | ₹1.25 | quarterly | 2016-04-06 |
2015-09-18 | ₹0.50 | quarterly | 2015-10-26 |
2015-03-18 | ₹1.25 | quarterly | 2015-03-31 |
2014-09-12 | ₹0.40 | quarterly | 2014-10-15 |
2014-03-05 | ₹1.10 | quarterly | 2014-03-25 |
2013-09-20 | ₹0.50 | quarterly | 2013-10-23 |
2013-03-26 | ₹0.75 | quarterly | 2013-04-19 |
National Aluminium Dividend per year
National Aluminium Dividend growth
National Aluminium Dividend Yield
National Aluminium current trailing twelve-month (TTM) dividend yield is 2.17%. Interested in purchasing National Aluminium stock? Use our calculator to estimate your expected dividend yield:
National Aluminium Financial Ratios
National Aluminium Dividend FAQ
Other factors to consider when evaluating National Aluminium 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: National Aluminium'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, National Aluminium 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, National Aluminium 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 National Aluminium 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: National Aluminium 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, National Aluminium distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: National Aluminium 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 National Aluminium'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 National Aluminium'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.