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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 dateDividend amountDividend typePay date
2024-09-20₹2.00quarterly2024-10-27
2024-02-23₹2.00quarterly
2023-11-22₹1.00quarterly2023-12-07
2023-09-15₹1.00quarterly2023-10-21
2023-03-21₹2.50quarterly2023-03-31
2023-01-25₹1.00quarterly2023-02-15
2022-09-15₹1.50quarterly2022-10-22
2022-02-17₹3.00quarterly2022-03-07
2021-11-24₹2.00quarterly2021-12-10
2021-09-23₹1.00quarterly2021-10-30
2021-03-22₹2.00quarterly2021-04-14
2020-12-01₹0.50quarterly2020-12-17
2020-02-18₹1.50quarterly2020-03-11
2019-09-11₹1.25quarterly2019-10-18
2019-03-11₹4.50quarterly2019-03-31
2018-08-23₹1.00quarterly2018-09-28
2018-02-16₹4.70quarterly2018-03-10
2017-03-09₹2.80quarterly2017-03-23
2016-09-27₹0.75quarterly2016-10-30
2016-03-23₹1.25quarterly2016-04-06
2015-09-18₹0.50quarterly2015-10-26
2015-03-18₹1.25quarterly2015-03-31
2014-09-12₹0.40quarterly2014-10-15
2014-03-05₹1.10quarterly2014-03-25
2013-09-20₹0.50quarterly2013-10-23
2013-03-26₹0.75quarterly2013-04-19

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

P/E ratio18.90
PEG ratio0.19
P/B ratio2.95
ROE16.48%
Payout ratio0.00%
Current ratio1.93
Quick ratio1.35
Cash Ratio0.81

National Aluminium Dividend FAQ

How much is the next National Aluminium dividend?
National Aluminium's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next National Aluminium dividend. The next National Aluminium dividend will be released in January, March, September, or November.
When is National Aluminium dividend paid?
National Aluminium pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, March, September, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does National Aluminium pay?
The specific amount of National Aluminium dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find National Aluminium's dividend history.
Does National Aluminium stock pay dividends?
Yes, National Aluminium does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find National Aluminium's dividend history.
How much dividend does National Aluminium pay?
National Aluminium paid ₹4.0 in 2024, ₹5.5 in 2023, ₹4.5 in 2022, ₹5.0 in 2021, and ₹2.0 in 2020.
How often does National Aluminium pay dividends?
National Aluminium typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, March, September, and November.
What is National Aluminium's dividend yield?
The current dividend yield for National Aluminium is 2.17%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate National Aluminium's exact dividend yield.
When does National Aluminium go ex dividend?
National Aluminium's ex-dividend date for the latest dividend was on 2024-09-20. National Aluminium typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next National Aluminium dividend paid?
National Aluminium pays dividends on a quarterly basis, typically around January, March, September, or November, but the exact dates can vary each year.
Will National Aluminium increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether National Aluminium will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is National Aluminium dividend per share?
National Aluminium paid ₹4.0 per share in 2024 and ₹5.5 per share in 2023. The amount of dividend per share that National Aluminium pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is National Aluminium a dividend aristocrat?
No, 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 National Aluminium a dividend king?
No, 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 National Aluminium a dividend stock?
Yes, National Aluminium is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is National Aluminium a good dividend stock?
Whether National Aluminium is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. National Aluminium has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does National Aluminium pay dividends monthly?
National Aluminium typically pays dividends on a quarterly basis.
Does National Aluminium pay dividends quarterly?
National Aluminium currently pays dividends on a quarterly basis.
Has National Aluminium ever paid a dividend?
Yes, National Aluminium has a history of paying dividends to its shareholders. National Aluminium is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy National Aluminium dividend stocks?
To buy National Aluminium 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy National Aluminium 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.
When does National Aluminium pay dividends 2024?
National Aluminium pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-27. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will National Aluminium increase its dividend in 2024?
Decisions regarding National Aluminium dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date National Aluminium dividend overview you can look into the above table of dividend history.
How National Aluminium dividend works?
The National Aluminium dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how National Aluminium's dividend process works:

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.
How are National Aluminium dividends paid?
National Aluminium dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does National Aluminium pay dividends?
National Aluminium typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does National Aluminium pay dividends?
The general pattern is that National Aluminium pays dividends around January, March, September, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is National Aluminium dividend safe?
The safety of National Aluminium's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

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.