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The New India Assurance Company Limited, together with its subsidiaries, operates as a general insurance company in India and internationally. The company provides marine cargo and hull, motor, health, travel, home and contents, customized business and SME products, other personal, industrial, rural, machinery, aviation, engineering, liability, fire and burglary, crop, personal accident, and property insurance products. It also offers reinsurance products. The company was incorporated in 1919 and is headquartered in Mumbai, India.

New India Assurance Dividend Announcement

New India Assurance announced a annually dividend of ₹2.06 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-09-06
New India Assurance annual dividend for 2024 was ₹2.06
New India Assurance annual dividend for 2023 was ₹1.93
New India Assurance's trailing twelve-month (TTM) dividend yield is 1.0%

New India Assurance Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-06₹2.06annually2024-10-24
2023-09-08₹1.93annually2023-10-22
2022-08-25₹0.30annually2022-10-06
2019-07-18₹1.50annually2019-10-30
2018-06-27₹10.00annually2017-12-15

New India Assurance Dividend per year

New India Assurance Dividend growth

New India Assurance Dividend Yield

New India Assurance current trailing twelve-month (TTM) dividend yield is 1.0%. Interested in purchasing New India Assurance stock? Use our calculator to estimate your expected dividend yield:

New India Assurance Financial Ratios

P/E ratio32.15
PEG ratio3.57
P/B ratio0.74
ROE2.94%
Payout ratio0.00%
Current ratio0.32
Quick ratio0.32
Cash Ratio0.32

New India Assurance Dividend FAQ

How much is the next New India Assurance dividend?
New India Assurance's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next New India Assurance dividend. The next New India Assurance dividend will be released in September.
When is New India Assurance dividend paid?
New India Assurance pays dividends on a annually basis. The specific dates may vary each year but are generally around September. 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 New India Assurance pay?
The specific amount of New India Assurance 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 New India Assurance's dividend history.
Does New India Assurance stock pay dividends?
Yes, New India Assurance 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 New India Assurance's dividend history.
How much dividend does New India Assurance pay?
New India Assurance paid ₹2.06 in 2024, ₹1.93 in 2023, ₹0.3 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does New India Assurance pay dividends?
New India Assurance 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 September.
What is New India Assurance's dividend yield?
The current dividend yield for New India Assurance is 1.0%. 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 New India Assurance's exact dividend yield.
When does New India Assurance go ex dividend?
New India Assurance's ex-dividend date for the latest dividend was on 2024-09-06. New India Assurance 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 New India Assurance dividend paid?
New India Assurance pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will New India Assurance 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 New India Assurance 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 New India Assurance dividend per share?
New India Assurance paid ₹2.06 per share in 2024 and ₹1.93 per share in 2023. The amount of dividend per share that New India Assurance 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 New India Assurance 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 New India Assurance 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 New India Assurance a dividend stock?
Yes, New India Assurance is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is New India Assurance a good dividend stock?
Whether New India Assurance is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. New India Assurance has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating New India Assurance 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 New India Assurance pay dividends monthly?
New India Assurance typically pays dividends on a annually basis.
Does New India Assurance pay dividends quarterly?
New India Assurance currently pays dividends on a annually basis.
Has New India Assurance ever paid a dividend?
Yes, New India Assurance has a history of paying dividends to its shareholders. New India Assurance is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy New India Assurance dividend stocks?
To buy New India Assurance 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 New India Assurance 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 New India Assurance pay dividends 2024?
New India Assurance pays dividends on a annually basis. 2024 dividend payments are in 2024-10-24. 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 New India Assurance increase its dividend in 2024?
Decisions regarding New India Assurance 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 New India Assurance dividend overview you can look into the above table of dividend history.
How New India Assurance dividend works?
The New India Assurance 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 New India Assurance's dividend process works:

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

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

3. Currency: New India Assurance 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 New India Assurance pay dividends?
New India Assurance 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 New India Assurance pay dividends?
The general pattern is that New India Assurance pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is New India Assurance dividend safe?
The safety of New India Assurance'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 New India Assurance'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 New India Assurance'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.