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NLC India Limited operates in the mining and power generation business in India. It operates in two segments, Lignite Mining and Power Generation. The company generates power through thermal, wind, and solar photo voltaic power plants. The company also mines for lignite. It operates three open cast lignite mines in Neyveli, state of Tamil Nadu with a total capacity of 28.50 MTPA; and one open cast lignite mine in Barsingsar, state of Rajasthan with a total capacity of 2.10 MTPA, as well as coal excavation from Talabira II and III coal opencast mines at Odisha with a mining capacity of 20.0 MTPA. NLC India sells its raw lignite to small scale industries for use it as fuel in their production activities. The company was formerly known as Neyveli Lignite Corporation Limited and changed its name to NLC India Limited in April 2016. The company was founded in 1956 and is based in Neyveli, India.

NLC India Dividend Announcement

NLC India announced a semi annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-09-17
NLC India annual dividend for 2024 was ₹3.00
NLC India annual dividend for 2023 was ₹3.50
NLC India's trailing twelve-month (TTM) dividend yield is 1.17%
NLC India's dividend growth over the last five years (2018-2023) was -4.90% year
NLC India's dividend growth over the last ten years (2013-2023) was 2.26% year

NLC India Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-17₹1.50semi annually2024-10-25
2024-02-16₹1.50semi annually
2023-09-18₹2.00semi annually2023-10-26
2023-02-24₹1.50semi annually2023-03-14
2022-09-21₹1.50semi annually2022-10-29
2022-03-14₹1.50semi annually2022-04-05
2021-09-21₹1.50semi annually2021-10-29
2021-02-17₹1.00semi annually2021-03-11
2020-03-05₹7.06semi annually2020-03-13
2019-03-26₹4.53semi annually2019-03-30
2018-07-20₹0.27semi annually2018-08-29
2018-03-26₹4.23semi annually2018-03-31
2017-03-24₹7.34semi annually2017-03-31
2016-09-07₹1.20semi annually2016-10-13
2016-03-14₹0.30semi annually2016-03-24
2016-02-11₹1.50semi annually2016-02-23
2015-09-08₹1.00semi annually2015-10-13
2015-02-26₹1.80semi annually2015-03-11
2014-09-11₹1.80semi annually2014-10-10
2014-03-26₹1.00semi annually2014-03-31
2013-08-26₹1.80semi annually2013-09-17
2013-03-11₹1.00semi annually2013-03-25

NLC India Dividend per year

NLC India Dividend growth

NLC India Dividend Yield

NLC India current trailing twelve-month (TTM) dividend yield is 1.17%. Interested in purchasing NLC India stock? Use our calculator to estimate your expected dividend yield:

NLC India Financial Ratios

P/E ratio18.05
PEG ratio3.85
P/B ratio1.87
ROE10.10%
Payout ratio0.00%
Current ratio1.06
Quick ratio0.87
Cash Ratio0.05

NLC India Dividend FAQ

How much is the next NLC India dividend?
NLC India's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next NLC India dividend. The next NLC India dividend will be released in February, or September.
When is NLC India dividend paid?
NLC India pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and 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 NLC India pay?
The specific amount of NLC India 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 NLC India's dividend history.
Does NLC India stock pay dividends?
Yes, NLC India 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 NLC India's dividend history.
How much dividend does NLC India pay?
NLC India paid ₹3.0 in 2024, ₹3.5 in 2023, ₹3.0 in 2022, ₹2.5 in 2021, and ₹7.06 in 2020.
How often does NLC India pay dividends?
NLC India 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 February, and September.
What is NLC India's dividend yield?
The current dividend yield for NLC India is 1.17%. 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 NLC India's exact dividend yield.
When does NLC India go ex dividend?
NLC India's ex-dividend date for the latest dividend was on 2024-09-17. NLC India 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 NLC India dividend paid?
NLC India pays dividends on a semi annually basis, typically around February, or September, but the exact dates can vary each year.
Will NLC India 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 NLC India 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 NLC India dividend per share?
NLC India paid ₹3.0 per share in 2024 and ₹3.5 per share in 2023. The amount of dividend per share that NLC India 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 NLC India 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 NLC India 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 NLC India a dividend stock?
Yes, NLC India is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is NLC India a good dividend stock?
Whether NLC India is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. NLC India has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating NLC India 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 NLC India pay dividends monthly?
NLC India typically pays dividends on a semi annually basis.
Does NLC India pay dividends quarterly?
NLC India currently pays dividends on a semi annually basis.
Has NLC India ever paid a dividend?
Yes, NLC India has a history of paying dividends to its shareholders. NLC India is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy NLC India dividend stocks?
To buy NLC India 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 NLC India 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 NLC India pay dividends 2024?
NLC India pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-25. 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 NLC India increase its dividend in 2024?
Decisions regarding NLC India 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 NLC India dividend overview you can look into the above table of dividend history.
How NLC India dividend works?
The NLC India 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 NLC India's dividend process works:

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

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

3. Currency: NLC India 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 NLC India pay dividends?
NLC India 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 NLC India pay dividends?
The general pattern is that NLC India pays dividends around February, and 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 NLC India dividend safe?
The safety of NLC India'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 NLC India'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 NLC India'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.