Highlights:
- NMDC Limited announced an interim dividend ₹ 2.30 per share (230%).
- Dividend will be paid on shares with face value of ₹ 1.
- The record date has been set on 21 March 2024.
- The company showed a commitment to give strong returns to investors.
- NMDC's possibility of positive impact on stocks in the stock market.
NMDC Limited gave a big gift to investors
Country's major iron ore (Iron Ore) Producer Company NMDC Ltd Has made a great announcement for its investors. The company on shares with face value of ₹ 1 ₹ 2.30 per share (230%) interim dividend Has announced to give.
The decision is part of the company's strong financial performance and strategy to benefit shareholders.
Dividend's record date: 21 March 2024
NMDC Limited A record date has been set on 21 March 2024 for interim dividend. This means that investors who shares NMDC in their demat account till this date will be eligible to get dividend.
If you want to take advantage of this dividend, you can buy shares of NMDC by 19 March 2024.
Dividend history of NMDC and benefits to investors
NMDC Limited has long been giving attractive dividend to its investors. This time declared 230% dividend The company reflects stability and beneficial performance.
In previous years, NMDC has consecutively given good dividend:
- ₹ 3.75 per share in 2023
- ₹ 7.75 per share in 2022
- ₹ 9.01 per share in 2021
This dividend policy of the company Extremely beneficial for long term investors Can prove.
Impact on NMDC share price: Should investors shop?
After the announcement of the dividend of NMDC Limited, its stock market may see a jump in its stocks.
Opinions of experts:
According to stock market experts, NMDC stocks can see a boom due to the declaration of dividend. This can prove beneficial for investors who are looking for long-term returns.
What to do?
- If you want to take advantage of dividend, you can buy shares before March 19.
- This can be a good opportunity for long-term investors.
- Short-term traders should monitor the postal price movement after dividend.
NMDC Limited: Company performance and future possibilities
NMDC Limited one under Government of India Miniratna company And is leading in the production of iron ore.
Major features of the company:
- Strong financial performance in 2023-24
- Increasing demand in steel and mining sector
- Government cooperation and strategic expansion schemes
This dividend of the company to investors More confidence and better returns Refers to the commitment to provide.
FAQ – Your questions, our answers
1 How much dividend has NMDC Limited declared?
NMDC has declared an interim dividend of ₹ 2.30 (230) on shares with ₹ 1 face value.
What is the record date of NMDC dividend?
The company for dividend 21 March 2024 Record date has been fixed.
3 How long should NMDC shares be purchased so that the dividend gets?
Investors Shares will have to be purchased by 19 March 2024 So that they can become characters of dividend.
4 Will NMDC share price fall after getting dividend?
Typically, the share price may decline slightly after the X-Dividend date, but the long-term may have a positive impact on its performance.
5 would it be beneficial to buy NMDC shares?
If you Dividend and long-term returns If you want, it can be a good opportunity. However, it would be appropriate to consult market experts before investment.
Golden opportunity for NMDC Dividend Investors!
NMDC Limited 230% dividend There is an indication that the company is continuously giving good returns to its shareholders. If you want to take advantage of dividend, then Can buy shares before March 19।
What do you think? Will NMDC share increase further in future? Comment below and share your opinion!
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