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Nitin Spinners Ltd. Dividend

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Latest Dividend: NITINSPIN has declared an Interim Dividend of Rs.1.50 for the financial year 2021-22. The Record Date for determining entitlement of shareholders to dividend is February 11, 2022.

Dividend Info

Nitin Spinners Ltd. has a good dividend-paying record. The company typically pays one dividend per year (excluding specials), and it has consistently declared dividends for the last five years.

On February 03, 2022, NITINSPIN, declared an Interim Dividend of Rs. 1.50 per share on the equity shares of the face value of Rs. 10/- each for the fiscal year 2021-22.

The Record Date for determining the entitlement of shareholders to the dividend is February 11, 2022. Additionally, the Dividend payment would be made on/or before March 05, 2022.

Key Metrics

NITINSPIN Dividend History

The chart below shows the full dividend history for Nitin Spinners Ltd.

Below is the historical dividend data for NITINSPIN since 2014

AnnouncementEx-DateTypeDividendDividend %Remarks
06/05/201402/09/2014Final0.757.50
04/05/201515/09/2015Final1.0010.00
03/05/201615/09/2016Final1.0010.00
10/08/201724/08/2017Final1.2012.00
10/05/201812/09/2018Final1.2012.00
27/05/201912/09/2019Final1.2512.50
19/06/202008/09/2020Final0.606.00
10/05/202108/09/2021Final1.5015.00
03/02/202210/02/2022Interim1.5015.00
∑ = 10.00

Peer Comparison

NITINSPIN Dividend FAQ

  1. What was the most recent NITINSPIN dividend announcement?
    • NITINSPIN announced an Interim Dividend of Rs. 1.50 for the financial year 2021-22 on February 03, 2022.
  2. What is the NITINSPIN ex-dividend date in 2022?
    • The NITINSPIN ex-dividend date is 10 February 2022.
  3. What is the NITINSPIN dividend record date in 2022?
    • The NITINSPIN dividend record date is 11 February 2022.
  4. What is NITINSPIN dividend payment date?
    • The NITINSPIN dividend payout date is 05 March 2022.
  5. When will NITINSPIN dividend get credited in bank account?
    • The NITINSPIN dividend payment will be credited on or before 05 March 2022.
  6. What is NITINSPIN dividend payout ratio?
    • The dividend payout ratio for NITINSPIN is 3.95%.
  7. How many times does NITINSPIN pay dividends in a year?
    • NITINSPIN typically pays one dividend per year, and it has been consistently declaring dividends for the last five years.