Nitin Spinners Ltd. | Small-cap | Consumer Cyclical
₹390.75 -0.18% | Nitin Spinners Stock Comparison:
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Nitin Spinners Dividend Key Statistics

Nitin Spinners is expected to pay ₹10.00 per share annually, representing a forward dividend yield of 2.55%. The company's 5-year average dividend yield stands at 1.05%. The company maintains a payout ratio of 8.01%, indicating how much of its earnings are distributed as dividends.

Expected Annual Dividend ₹10.00
Expected Yield 2.55%
Last 12-Month Dividend ₹2.50
Current Yield 0.64%
5-Year Avg Yield 1.05%
Last 5Y Dividend ₹11.10
Payout Ratio 8.01%
Date Range Sep 2014 - Sep 2024
All Time Dividend ₹17.50
Last Ex-Dividend Date Sep 9, 2024

Nitin Spinners Yearly Dividend History Chart

Dividend Payment History

Ex-Date Amount Yield Stock Price
Sep 9, 2024 ₹2.50 0.60% ₹415.20
Sep 11, 2023 ₹2.50 0.85% ₹293.25
Sep 7, 2022 ₹2.50 1.10% ₹227.75
Feb 10, 2022 ₹1.50 0.53% ₹282.30
Sep 8, 2021 ₹1.50 0.73% ₹204.80
Sep 8, 2020 ₹0.60 1.51% ₹39.75
Sep 12, 2019 ₹1.25 2.40% ₹52.10
Sep 12, 2018 ₹1.20 1.41% ₹85.20
Aug 24, 2017 ₹1.20 0.99% ₹121.55
Sep 15, 2016 ₹1.00 1.35% ₹74.30
Sep 15, 2015 ₹1.00 1.64% ₹60.80
Sep 2, 2014 ₹0.75 2.87% ₹26.15

Complete Dividend Payment History

Ex-Date Amount Yield Stock Price
Sep 9, 2024 ₹2.50 0.60% ₹415.20
Sep 11, 2023 ₹2.50 0.85% ₹293.25
Sep 7, 2022 ₹2.50 1.10% ₹227.75
Feb 10, 2022 ₹1.50 0.53% ₹282.30
Sep 8, 2021 ₹1.50 0.73% ₹204.80
Sep 8, 2020 ₹0.60 1.51% ₹39.75
Sep 12, 2019 ₹1.25 2.40% ₹52.10
Sep 12, 2018 ₹1.20 1.41% ₹85.20
Aug 24, 2017 ₹1.20 0.99% ₹121.55
Sep 15, 2016 ₹1.00 1.35% ₹74.30
Sep 15, 2015 ₹1.00 1.64% ₹60.80
Sep 2, 2014 ₹0.75 2.87% ₹26.15

Yearly Dividend Summary

Year Payments Total Amount Average Amount Average Yield
2024 1 ₹2.50 ₹2.50 0.60%
2023 1 ₹2.50 ₹2.50 0.85%
2022 2 ₹4.00 ₹2.00 0.82%
2021 1 ₹1.50 ₹1.50 0.73%
2020 1 ₹0.60 ₹0.60 1.51%
2019 1 ₹1.25 ₹1.25 2.40%
2018 1 ₹1.20 ₹1.20 1.41%
2017 1 ₹1.20 ₹1.20 0.99%
2016 1 ₹1.00 ₹1.00 1.35%
2015 1 ₹1.00 ₹1.00 1.64%
2014 1 ₹0.75 ₹0.75 2.87%

Frequently Asked Questions

For how long has Nitin Spinners been paying dividends and how much has it paid in total?
Nitin Spinners has been paying dividends for 10 years, from 2014 to 2024. Over this period, the company has distributed a total of ₹17.50 per share in dividends to its shareholders, demonstrating consistent commitment to returning value to investors.
When was Nitin Spinners's last dividend payment and how much was paid per share?
Nitin Spinners's most recent dividend payment was ₹2.50 per share, with an ex-dividend date of September 9, 2024. Investors who owned the stock before this date were entitled to receive this dividend payment.
What was Nitin Spinners's highest annual dividend payment year and what amount was paid?
Nitin Spinners's highest annual dividend was paid in 2022, when the company distributed ₹4.00 per share across 2 payments throughout the year. This represented the peak of the company's dividend generosity and reflects strong financial performance during that period.
How do Nitin Spinners's dividend payments in 2023 compare to 2024?
Comparing Nitin Spinners's dividend payments, the company paid ₹2.50 per share in 2023 versus ₹2.50 per share in 2024, representing no change. This year-over-year comparison helps investors understand the trajectory of the company's dividend policy.
How much would a 10,000 investment in Nitin Spinners have generated in dividends over the past 10 years?
Over the past 10 years, Nitin Spinners has paid a total of ₹16.75 per share in dividends. Based on current stock price estimates, a $10,000 investment would have generated approximately ₹428.66 in dividend income during this period, demonstrating the value of dividend investing for long-term investors.

For more common questions about our data, please visit our About Data page.

Dividend data is provided for informational purposes only. Ex-dates, amounts, and yields may be subject to adjustments. Devyara does not guarantee the accuracy of the dividend data displayed.