NBCC (India) Dividend 2024 If you invest in the stock market then this news is for you. Shares of NBCC (India) Limited, a government company in the construction sector, will trade on ex-dividend today. This means that the dividend amount will come in the account of investors who have shares of the company. Let us know how much dividend the company is giving to the investors.
Today is the last day of the first business week of September. Today is the last chance for stock market investors to earn. Actually, today the shares of NBCC (India) Limited, a government company in the construction sector, will trade on ex-dividend. Talking about the share price of NBCC India, the company's shares closed with a decline of 1.5 percent on Nifty in Thursday's session.
NBCC (India) had said in an exchange filing that it is paying a final dividend of 63 per cent for the financial year ended March 31, 2024. The face value of this dividend is Rs 1 per share, i.e. the company is paying a dividend of Rs 0.63.
For the record date, the company has fixed 6 September 2024 (Friday) i.e. today's date. Now the question is, which investors will get the benefit of dividend? The answer is that today the shareholders who have NBCC stocks in their demat account will get the benefit of dividend.
According to the information available on the Bombay Stock Exchange (BSE), the company has given dividend four times so far.
| Year | Dividend (in Rs) |
|---|---|
| 2020 | 0.135 |
| 2021 | 0.47 |
| 2022 | 0.50 |
| 2023 | 0.54 |
In the last trading session, the company's shares closed at Rs 181.99 on the National Stock Exchange (NSE), down 1.50 percent or Rs 2.78. On the other hand, if we talk about the performance of the company's shares, the company's shares have fallen by more than 6 percent in the last 1 week. However, in the last 6 months, the company's shares have given a return of more than 37 percent. If we talk about the last 1 year, NBCC shares have climbed more than 205 percent.
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