Nava Limited engages in the ferro alloys, power, mining, and healthcare businesses in India, Zambia, Hong Kong, Japan, and internationally. It generates and sells power using coal, biomass, biogas, and bagasse. The company operates 150 MW and 114 MW power plants in Paloncha, Telangana; 150 MW power plant in Kharagprasad, Odisha; 20 MW biomass power plant in Dharmavaram, Andhra Pradesh; and 300 MW thermal power plant in Zambia. It also mines coal at Maamba in Southern province of Zambia, as well as provides operation and maintenance services for power plants. In addition, the company various alloy metals, such as ferro chrome, silico manganese, ferro silicon, and chromium alloys that are used in automotive, railways, and construction industries, as well as in the manufacture of stainless-steel consumer goods. Further, it operates a medical clinic for the management of iron deficiency and the administration of intravenous iron in Singapore. Additionally, the company manages The Iron Suites Medical Center and corporate healthcare programmes; organizes medical congresses and awareness programmes; and in-licenses pharmaceutical products. The company was formerly known as Nava Bharat Ventures Limited and changed its name to Nava Limited in July 2022. Nava Limited was incorporated in 1972 and is based in Hyderabad, India.
Nava Dividend Announcement
• Nava announced a semi annually dividend of ₹4.00 per ordinary share which will be made payable on 2024-09-07. Ex dividend date: 2024-08-30
• Nava annual dividend for 2024 was ₹8.00
• Nava annual dividend for 2023 was ₹6.00
• Nava's trailing twelve-month (TTM) dividend yield is 0.77%
• Nava's dividend growth over the last five years (2018-2023) was 31.95% year
• Nava's dividend growth over the last ten years (2013-2023) was 1.84% year
Nava Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-30 | ₹4.00 | semi annually | 2024-09-07 |
| 2024-08-01 | ₹4.00 | semi annually | 2024-09-07 |
| 2023-07-24 | ₹6.00 | semi annually | 2023-09-03 |
| 2022-08-01 | ₹6.00 | semi annually | 2022-09-09 |
| 2021-08-18 | ₹2.50 | semi annually | 2021-09-26 |
| 2020-03-09 | ₹1.50 | semi annually | 2020-04-01 |
| 2019-08-01 | ₹1.50 | semi annually | 2019-09-07 |
| 2018-07-30 | ₹1.50 | semi annually | 2018-09-05 |
| 2017-08-02 | ₹1.00 | semi annually | 2017-09-08 |
| 2016-07-25 | ₹3.00 | semi annually | |
| 2015-08-20 | ₹5.00 | semi annually | |
| 2014-07-30 | ₹5.00 | semi annually | |
| 2013-08-06 | ₹5.00 | semi annually |
Nava Dividend per year
Nava Dividend growth
Nava Dividend Yield
Nava current trailing twelve-month (TTM) dividend yield is 0.77%. Interested in purchasing Nava stock? Use our calculator to estimate your expected dividend yield:
Nava Financial Ratios
P/E ratio13.27
PEG ratio-0.56
P/B ratio2.05
ROE15.10%
Payout ratio0.00%
Current ratio5.22
Quick ratio4.38
Cash Ratio1.07
Nava Dividend FAQ
How much is the next Nava dividend?
Nava's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Nava dividend. The next Nava dividend will be released in July.
When is Nava dividend paid?
Nava pays dividends on a semi annually basis. The specific dates may vary each year but are generally around July. 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 Nava pay?
The specific amount of Nava 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 Nava's dividend history.
Does Nava stock pay dividends?
Yes, Nava 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 Nava's dividend history.
How much dividend does Nava pay?
Nava paid ₹8.0 in 2024, ₹6.0 in 2023, ₹6.0 in 2022, ₹2.5 in 2021, and ₹1.5 in 2020.
How often does Nava pay dividends?
Nava typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around July.
What is Nava's dividend yield?
The current dividend yield for Nava is 0.77%. 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 Nava's exact dividend yield.
When does Nava go ex dividend?
Nava's ex-dividend date for the latest dividend was on 2024-08-30. Nava 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 Nava dividend paid?
Nava pays dividends on a semi annually basis, typically around July, but the exact dates can vary each year.
Will Nava 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 Nava 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 Nava dividend per share?
Nava paid ₹8.0 per share in 2024 and ₹6.0 per share in 2023. The amount of dividend per share that Nava 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 Nava 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 Nava 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 Nava a dividend stock?
Yes, Nava is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Nava a good dividend stock?
Whether Nava is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Nava has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Nava 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.
Other factors to consider when evaluating Nava 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 Nava pay dividends monthly?
Nava typically pays dividends on a semi annually basis.
Does Nava pay dividends quarterly?
Nava currently pays dividends on a semi annually basis.
Has Nava ever paid a dividend?
Yes, Nava has a history of paying dividends to its shareholders. Nava is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Nava dividend stocks?
To buy Nava 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 Nava 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.
Place an order: Use the brokerage's trading platform to place an order to buy Nava 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 Nava pay dividends 2024?
Nava pays dividends on a semi annually basis. 2024 dividend payments are in 2024-09-07. 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 Nava increase its dividend in 2024?
Decisions regarding Nava 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 Nava dividend overview you can look into the above table of dividend history.
How Nava dividend works?
The Nava 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 Nava's dividend process works:
1. Determination of Dividend: Nava'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, Nava 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, Nava 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 Nava 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. Determination of Dividend: Nava'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, Nava 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, Nava 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 Nava 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 Nava dividends paid?
Nava dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Nava 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, Nava distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nava 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.
1. Record Date: Nava 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, Nava distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nava 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 Nava pay dividends?
Nava typically pays dividends on a semi annually 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 Nava pay dividends?
The general pattern is that Nava pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Nava dividend safe?
The safety of Nava'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 Nava'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 Nava'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.
To assess the safety of Nava'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 Nava'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.