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Nelcast Limited manufactures and sells ductile and grey iron castings in India and internationally. The company provides commercial components, including bogie suspension brackets, conventional suspension/engine/steering/cab mounting brackets, rear and forward differential carriers, flanged and plain half products, wheel hubs, bearing caps, brake drums, and brake disc rotors; and tractor/farm components, such as hydraulic lift covers, and front engine support, as well as axle, four-wheel drive front axle, transmission clutch, and center/differential housing products. It also offers off highway/army components that include transmission and differential cases, converter and axle housing, and planetary carriers; railway products comprising brake discs and base plates for ballastless track systems; SUV/car components consisting of case bodies and caps, and drive heads; and powertrain components that include gearbox and flywheel housing, and exhaust manifold products. The company serves automotive, tractor, construction, mining, railways, and general engineering sectors. Nelcast Limited was incorporated in 1982 and is based in Chennai, India.

Nelcast Dividend Announcement

Nelcast announced a annually dividend of ₹0.40 per ordinary share which will be made payable on 2024-08-24. Ex dividend date: 2024-07-18
Nelcast annual dividend for 2024 was ₹0.40
Nelcast annual dividend for 2023 was ₹0.40
Nelcast's trailing twelve-month (TTM) dividend yield is 0.31%

Nelcast Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-18₹0.40annually2024-08-24
2023-07-27₹0.40annually2023-09-03
2022-07-26₹0.30annually2022-09-02
2021-07-30₹0.20annually2021-09-08
2019-07-25₹1.00annually2019-08-31
2018-08-06₹1.00annually2018-09-12
2017-07-27₹0.90annually2017-09-02
2016-07-28₹0.40annually
2016-03-22₹0.40annually2016-04-14
2015-07-30₹0.70annually2015-09-05
2014-07-30₹0.70annually2014-09-05
2013-07-18₹0.50annually2013-08-31
2012-07-19₹0.80annually2012-08-29

Nelcast Dividend per year

Nelcast Dividend growth

Nelcast Dividend Yield

Nelcast current trailing twelve-month (TTM) dividend yield is 0.31%. Interested in purchasing Nelcast stock? Use our calculator to estimate your expected dividend yield:

Nelcast Financial Ratios

P/E ratio23.42
PEG ratio0.23
P/B ratio2.12
ROE9.37%
Payout ratio0.00%
Current ratio1.28
Quick ratio0.91
Cash Ratio0.14

Nelcast Dividend FAQ

How much is the next Nelcast dividend?
Nelcast's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Nelcast dividend. The next Nelcast dividend will be released in July.
When is Nelcast dividend paid?
Nelcast pays dividends on a 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 Nelcast pay?
The specific amount of Nelcast 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 Nelcast's dividend history.
Does Nelcast stock pay dividends?
Yes, Nelcast 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 Nelcast's dividend history.
How much dividend does Nelcast pay?
Nelcast paid ₹0.4 in 2024, ₹0.4 in 2023, ₹0.3 in 2022, ₹0.2 in 2021, and ₹0.0 in 2020.
How often does Nelcast pay dividends?
Nelcast typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around July.
What is Nelcast's dividend yield?
The current dividend yield for Nelcast is 0.31%. 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 Nelcast's exact dividend yield.
When does Nelcast go ex dividend?
Nelcast's ex-dividend date for the latest dividend was on 2024-07-18. Nelcast 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 Nelcast dividend paid?
Nelcast pays dividends on a annually basis, typically around July, but the exact dates can vary each year.
Will Nelcast 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 Nelcast 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 Nelcast dividend per share?
Nelcast paid ₹0.4 per share in 2024 and ₹0.4 per share in 2023. The amount of dividend per share that Nelcast 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 Nelcast 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 Nelcast 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 Nelcast a dividend stock?
Yes, Nelcast is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Nelcast a good dividend stock?
Whether Nelcast is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Nelcast has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Nelcast 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 Nelcast pay dividends monthly?
Nelcast typically pays dividends on a annually basis.
Does Nelcast pay dividends quarterly?
Nelcast currently pays dividends on a annually basis.
Has Nelcast ever paid a dividend?
Yes, Nelcast has a history of paying dividends to its shareholders. Nelcast is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Nelcast dividend stocks?
To buy Nelcast 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 Nelcast 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 Nelcast pay dividends 2024?
Nelcast pays dividends on a annually basis. 2024 dividend payments are in 2024-08-24. 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 Nelcast increase its dividend in 2024?
Decisions regarding Nelcast 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 Nelcast dividend overview you can look into the above table of dividend history.
How Nelcast dividend works?
The Nelcast 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 Nelcast's dividend process works:

1. Determination of Dividend: Nelcast'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, Nelcast 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, Nelcast 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 Nelcast 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 Nelcast dividends paid?
Nelcast dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Nelcast 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, Nelcast distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Nelcast 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 Nelcast pay dividends?
Nelcast typically pays dividends on a 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 Nelcast pay dividends?
The general pattern is that Nelcast 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 Nelcast dividend safe?
The safety of Nelcast'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 Nelcast'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 Nelcast'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.