NIIT Limited provides learning and knowledge solutions to individuals, enterprises, and institutions worldwide. It offers managed training services, such as custom curriculum design and content development, learning administration and technology, learning delivery, strategic sourcing, and advisory services; and learning and development transformation services, including augmented and virtual reality-based learning solutions, curriculum transformation, and portfolio optimization. The company also provides skills and careers programs, which includes software and product engineering, data sciences and analytics, cloud computing, cybersecurity, banking and finance, digital marketing, content design, UI/UX, project/product/ program management, sales & service excellence, professional life skills, business process excellence, and multi-sectoral vocational and professional skills. Its brands portfolio comprises the training.com, a learning platform for career programs; NIIT.tv, a digital learning platform; banking, insurance, and financial services under IFBI brand; and NIIT NGuru that offers various education solutions for schools comprising interactive classrooms for teachers, as well as math lab, mobile science labs, IT wizard programs, learning labs for students, and education resource planning solution for the school management. In addition, the company provides Talent Pipeline as a Service, a just-in-time job ready talent that offers talent sourcing, training, and onboarding services; and StackRoute program. The company was incorporated in 1981 and is based in Gurugram, India.
NIIT Dividend Announcement
• NIIT announced a annually dividend of ₹0.75 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-09-05
• NIIT annual dividend for 2024 was ₹0.75
• NIIT annual dividend for 2023 was ₹0.50
• NIIT's trailing twelve-month (TTM) dividend yield is 0.4%
NIIT Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-05 | ₹0.75 | annually | 2024-10-24 |
| 2023-11-10 | ₹0.50 | annually | 2023-11-30 |
| 2022-02-08 | ₹3.00 | annually | 2022-02-27 |
| 2021-07-19 | ₹2.50 | annually | 2021-09-04 |
| 2020-09-01 | ₹2.00 | annually | 2020-10-22 |
| 2020-08-27 | ₹2.00 | annually | |
| 2020-03-02 | ₹8.00 | annually | 2020-03-20 |
| 2019-07-30 | ₹5.00 | annually | 2019-09-12 |
| 2014-06-26 | ₹1.60 | annually | 2014-08-06 |
| 2013-06-20 | ₹1.60 | annually | 2013-07-31 |
| 2012-06-20 | ₹1.60 | annually | 2012-08-01 |
| 2011-06-22 | ₹1.50 | annually | 2011-07-23 |
| 2010-06-29 | ₹1.40 | annually | 2010-08-08 |
| 2009-07-17 | ₹1.30 | annually | 2009-09-01 |
NIIT Dividend per year
NIIT Dividend growth
NIIT Dividend Yield
NIIT current trailing twelve-month (TTM) dividend yield is 0.4%. Interested in purchasing NIIT stock? Use our calculator to estimate your expected dividend yield:
NIIT Financial Ratios
P/E ratio56.57
PEG ratio6.11
P/B ratio2.44
ROE4.37%
Payout ratio0.00%
Current ratio6.51
Quick ratio6.50
Cash Ratio0.30
NIIT Dividend FAQ
How much is the next NIIT dividend?
NIIT's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next NIIT dividend. The next NIIT dividend will be released in November.
When is NIIT dividend paid?
NIIT pays dividends on a annually basis. The specific dates may vary each year but are generally around 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 NIIT pay?
The specific amount of NIIT 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 NIIT's dividend history.
Does NIIT stock pay dividends?
Yes, NIIT 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 NIIT's dividend history.
How much dividend does NIIT pay?
NIIT paid ₹0.75 in 2024, ₹0.5 in 2023, ₹3.0 in 2022, ₹2.5 in 2021, and ₹12.0 in 2020.
How often does NIIT pay dividends?
NIIT 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 November.
What is NIIT's dividend yield?
The current dividend yield for NIIT is 0.4%. 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 NIIT's exact dividend yield.
When does NIIT go ex dividend?
NIIT's ex-dividend date for the latest dividend was on 2024-09-05. NIIT 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 NIIT dividend paid?
NIIT pays dividends on a annually basis, typically around November, but the exact dates can vary each year.
Will NIIT 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 NIIT 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 NIIT dividend per share?
NIIT paid ₹0.75 per share in 2024 and ₹0.5 per share in 2023. The amount of dividend per share that NIIT 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 NIIT 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 NIIT 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 NIIT a dividend stock?
Yes, NIIT is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is NIIT a good dividend stock?
Whether NIIT is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. NIIT has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating NIIT 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 NIIT 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 NIIT pay dividends monthly?
NIIT typically pays dividends on a annually basis.
Does NIIT pay dividends quarterly?
NIIT currently pays dividends on a annually basis.
Has NIIT ever paid a dividend?
Yes, NIIT has a history of paying dividends to its shareholders. NIIT is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy NIIT dividend stocks?
To buy NIIT 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 NIIT 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 NIIT 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 NIIT pay dividends 2024?
NIIT 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 NIIT increase its dividend in 2024?
Decisions regarding NIIT 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 NIIT dividend overview you can look into the above table of dividend history.
How NIIT dividend works?
The NIIT 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 NIIT's dividend process works:
1. Determination of Dividend: NIIT'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, NIIT 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, NIIT 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 NIIT 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: NIIT'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, NIIT 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, NIIT 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 NIIT 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 NIIT dividends paid?
NIIT dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: NIIT 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, NIIT distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: NIIT 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: NIIT 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, NIIT distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: NIIT 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 NIIT pay dividends?
NIIT 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 NIIT pay dividends?
The general pattern is that NIIT pays dividends around 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 NIIT dividend safe?
The safety of NIIT'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 NIIT'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 NIIT'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 NIIT'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 NIIT'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.