NCL INDUSTRIES LTD Dividend 2024 Record Date, Share Price, History

News: NCL Industries Ltd, a prominent player in the cement industry, has recently declared dividends for the year 2024. In this article, we’ll explore the company’s dividend track record, the upcoming dividend, and its impact on shareholders.

Dividend Announcement

On February 16, 2024, NCL Industries announced an interim dividend of ₹1.50 per share. If you’re a shareholder, mark this date on your calendar—it’s essential!

Previous Dividends

Let’s take a quick look at NCL Industries’ recent dividend history:

• February 18, 2023: The company declared a final dividend of ₹2.00 per share.
• February 24, 2023: An interim dividend of ₹1.50 per share was distributed.

Dividend Yield

At the current share price of ₹236.00, the dividend yield stands at 1.27%. NCL Industries has consistently rewarded its shareholders with dividends over the last five years.

What Does It Mean for Shareholders?

For investors, dividends are like little rewards for their ownership in the company. When NCL Industries pays dividends, it reflects the company’s financial health and commitment to its shareholders. It’s a way of sharing profits with those who believe in the company’s growth story.

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About NCL INDUSTRIES LTD :

NCL Industries Ltd, also known as Nagarjuna Cement, is a leading cement manufacturing and supplier company in India. Let’s delve into the details:

Origins & Evolution

The genesis of NCL Industries Limited (CIN No. L33130TG1979PLC002521) can be traced back to the Golden Era of entrepreneurial development in Andhra Pradesh during the early 1980s. This period witnessed the emergence of several individual entrepreneurs whose founding enterprises evolved into well-established industrial groups.

Business Overview

NCL Industries operates in various sectors, including:

1. Cement: The company produces both Ordinary Portland Cement (OPC) and Pozzolana Portland Cement (PPC). These cement types find applications in construction, infrastructure, and real estate projects.

2. Ready Mix Concrete (RMC): NCL Industries supplies high-quality RMC, which is a convenient and efficient solution for construction projects.

3. Cement Bonded Particle Board: The company manufactures cement-bonded particle boards, which are used in furniture, partitions, and other interior applications.

4. Doors: NCL Industries produces doors for residential and commercial purposes.

5. Hydropower: The company operates two small hydro power projects.

Financial Snapshot

1. Authorized Share Capital: ₹62.00 crore

2. Total Paid-up Capital: ₹45.23 crore

3. Operating Revenues (FY 2022): Over ₹500 crore

As NCL Industries continues to thrive, keep an eye on its dividend announcements. Whether you’re a seasoned investor or a newbie, understanding dividends can help you make informed decisions.

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