NCL Industries Limited manufactures and sells building materials in India. It operates through five segments: Cement, Boards, Readymade Doors, Energy, and Ready Mix Concrete. It offers cement, including ordinary Portland and pozzolana Portland cement under the Nagarjuna brand name; and special cement for making concrete sleepers. The company also provides ready mixed concrete under the Nagarjuna brand name; cement-bonded particleboards under the Bison Panel brand name; and readymade doors under the NCL Door brand. In addition, it engages in the generation of hydel power with a total installed capacity of 15.75 MW. The company was formerly known as Nagarjuna Cements Limited and changed its name to NCL Industries Limited in December 1987. NCL Industries Limited was incorporated in 1979 and is based in Secunderabad, India.
NCL Industries Dividend Announcement
• NCL Industries announced a semi annually dividend of ₹2.50 per ordinary share which will be made payable on 2024-10-20. Ex dividend date: 2024-09-13
• NCL Industries annual dividend for 2024 was ₹4.00
• NCL Industries annual dividend for 2023 was ₹3.00
• NCL Industries's trailing twelve-month (TTM) dividend yield is 1.83%
• NCL Industries's dividend growth over the last five years (2018-2023) was 3.71% year
NCL Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | ₹2.50 | semi annually | 2024-10-20 |
2024-02-21 | ₹1.50 | semi annually | 2024-03-10 |
2023-09-15 | ₹1.50 | semi annually | 2023-10-25 |
2023-02-23 | ₹1.50 | semi annually | 2023-03-12 |
2022-09-19 | ₹1.50 | semi annually | 2022-10-27 |
2022-02-22 | ₹1.50 | semi annually | 2022-03-13 |
2021-09-17 | ₹1.00 | semi annually | 2021-10-28 |
2021-05-12 | ₹1.50 | semi annually | 2021-06-02 |
2020-11-19 | ₹1.50 | semi annually | 2020-12-09 |
2020-09-17 | ₹1.00 | semi annually | 2020-10-28 |
2020-03-19 | ₹1.50 | semi annually | 2020-04-10 |
2019-09-19 | ₹2.50 | semi annually | 2019-10-27 |
2018-09-17 | ₹1.50 | semi annually | 2018-10-25 |
2018-02-21 | ₹1.00 | semi annually | 2018-03-11 |
2017-09-14 | ₹1.50 | semi annually | 2017-10-22 |
2017-02-22 | ₹1.00 | semi annually | 2017-03-15 |
2016-09-09 | ₹1.00 | semi annually | 2016-10-20 |
2016-02-09 | ₹1.00 | semi annually | 2016-04-01 |
2013-09-19 | ₹1.00 | semi annually | |
2012-09-05 | ₹2.00 | semi annually | 2012-10-14 |
2011-09-21 | ₹1.50 | semi annually | 2011-10-30 |
NCL Industries Dividend per year
NCL Industries Dividend growth
NCL Industries Dividend Yield
NCL Industries current trailing twelve-month (TTM) dividend yield is 1.83%. Interested in purchasing NCL Industries stock? Use our calculator to estimate your expected dividend yield:
NCL Industries Financial Ratios
NCL Industries Dividend FAQ
Other factors to consider when evaluating NCL Industries 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: NCL Industries'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, NCL Industries 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, NCL Industries 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 NCL Industries 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: NCL Industries 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, NCL Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: NCL Industries 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 NCL Industries'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 NCL Industries'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.