company-logo

NRB Bearings Limited engages in the manufacture and sale of the ball and roller bearings to original equipment manufacturers in India and internationally. The company offers a range of friction solutions comprises drawn cup needle bearings, cylindrical roller bearings, polyamide and steel needle bearing cages, full-complement needle bearings, formed strip cages for heavy gearboxes, special ball bearings, tapered and spherical roller bearings, and planetary shafts. It also offers crankpins, thrust bearings, rocker arm bearings, other special pins. It serves the automotive industry, as well as mobility applications. NRB Bearings Limited was incorporated in 1965 and is based in Mumbai, India.

NRB Bearings Dividend Announcement

NRB Bearings announced a semi annually dividend of ₹2.50 per ordinary share which will be made payable on 2024-11-03. Ex dividend date: 2024-10-16
NRB Bearings annual dividend for 2024 was ₹2.50
NRB Bearings annual dividend for 2023 was ₹5.10
NRB Bearings's trailing twelve-month (TTM) dividend yield is 0.87%
NRB Bearings's dividend growth over the last five years (2018-2023) was 14.42% year
NRB Bearings's dividend growth over the last ten years (2013-2023) was 11.61% year

NRB Bearings Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-16₹2.50semi annually2024-11-03
2023-09-22₹1.00semi annually2023-10-29
2023-06-09₹4.10semi annually2023-06-29
2022-09-07₹2.00semi annually2022-10-15
2021-09-16₹0.50semi annually2021-10-24
2020-02-18₹0.80semi annually2020-03-10
2019-08-01₹2.60semi annually2019-09-08
2018-08-01₹1.20semi annually2018-08-20
2018-03-28₹1.40semi annually2018-04-10
2017-02-22₹1.40semi annually2017-03-13
2016-03-21₹1.40semi annually2016-03-31
2015-07-16₹1.50semi annually
2014-07-31₹1.10semi annually2014-09-10
2013-07-12₹1.70semi annually2013-08-22

NRB Bearings Dividend per year

NRB Bearings Dividend growth

NRB Bearings Dividend Yield

NRB Bearings current trailing twelve-month (TTM) dividend yield is 0.87%. Interested in purchasing NRB Bearings stock? Use our calculator to estimate your expected dividend yield:

NRB Bearings Financial Ratios

P/E ratio10.81
PEG ratio0.12
P/B ratio2.98
ROE30.66%
Payout ratio0.00%
Current ratio2.58
Quick ratio1.21
Cash Ratio0.12

NRB Bearings Dividend FAQ

How much is the next NRB Bearings dividend?
NRB Bearings's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next NRB Bearings dividend. The next NRB Bearings dividend will be released in June, or September.
When is NRB Bearings dividend paid?
NRB Bearings pays dividends on a semi annually basis. The specific dates may vary each year but are generally around June, 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 NRB Bearings pay?
The specific amount of NRB Bearings 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 NRB Bearings's dividend history.
Does NRB Bearings stock pay dividends?
Yes, NRB Bearings 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 NRB Bearings's dividend history.
How much dividend does NRB Bearings pay?
NRB Bearings paid ₹2.5 in 2024, ₹5.1 in 2023, ₹2.0 in 2022, ₹0.5 in 2021, and ₹0.8 in 2020.
How often does NRB Bearings pay dividends?
NRB Bearings 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 June, and September.
What is NRB Bearings's dividend yield?
The current dividend yield for NRB Bearings is 0.87%. 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 NRB Bearings's exact dividend yield.
When does NRB Bearings go ex dividend?
NRB Bearings's ex-dividend date for the latest dividend was on 2024-10-16. NRB Bearings 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 NRB Bearings dividend paid?
NRB Bearings pays dividends on a semi annually basis, typically around June, or September, but the exact dates can vary each year.
Will NRB Bearings 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 NRB Bearings 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 NRB Bearings dividend per share?
NRB Bearings paid ₹2.5 per share in 2024 and ₹5.1 per share in 2023. The amount of dividend per share that NRB Bearings 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 NRB Bearings 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 NRB Bearings 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 NRB Bearings a dividend stock?
Yes, NRB Bearings is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is NRB Bearings a good dividend stock?
Whether NRB Bearings is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. NRB Bearings has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating NRB Bearings 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 NRB Bearings pay dividends monthly?
NRB Bearings typically pays dividends on a semi annually basis.
Does NRB Bearings pay dividends quarterly?
NRB Bearings currently pays dividends on a semi annually basis.
Has NRB Bearings ever paid a dividend?
Yes, NRB Bearings has a history of paying dividends to its shareholders. NRB Bearings is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy NRB Bearings dividend stocks?
To buy NRB Bearings 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 NRB Bearings 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 NRB Bearings pay dividends 2024?
NRB Bearings pays dividends on a semi annually basis. 2024 dividend payments are in 2024-11-03. 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 NRB Bearings increase its dividend in 2024?
Decisions regarding NRB Bearings 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 NRB Bearings dividend overview you can look into the above table of dividend history.
How NRB Bearings dividend works?
The NRB Bearings 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 NRB Bearings's dividend process works:

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

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

3. Currency: NRB Bearings 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 NRB Bearings pay dividends?
NRB Bearings 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 NRB Bearings pay dividends?
The general pattern is that NRB Bearings pays dividends around June, 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 NRB Bearings dividend safe?
The safety of NRB Bearings'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 NRB Bearings'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 NRB Bearings'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.