News: NMDC Limited, also known as the National Mineral Development Corporation, is a prominent Indian public sector enterprise. Its primary focus lies in the exploration and extraction of minerals, including iron ore, diamonds, and other valuable resources. Established in 1958, NMDC has played a crucial role in India’s industrial growth and resource development.
Dividends are like little bonuses that companies give to their shareholders. When a company makes a profit, it shares a portion of that profit with its investors. NMDC, being a responsible corporate citizen, consistently rewards its shareholders through dividends.
Let’s take a peek into NMDC’s dividend history:
Year Ending March 2023:
Previous Dividends:
As we step into 2024, NMDC continues to be a reliable choice for investors. Here’s what you need to know:
NMDC’s quest revolves around uncovering valuable minerals that fuel our economy. These include:
Investing in NMDC isn’t just about numbers; it’s about being part of a legacy—a legacy that contributes to India’s growth story. So, whether you’re a seasoned investor or a newbie, NMDC’s dividends are a sweet deal you won’t want to miss!
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Why is the board meeting on February 14, 2024, important?
The February 14, 2024 board meeting is crucial as it will announce when NMDC plans to pay dividends in 2024 and explain who among the shareholders can get the dividends.
How much is NMDC Limited’s market capitalization?
NMDC Limited’s market capitalization is 66.45 trillion INR.
Has NMDC’s share price been unstable?
Yes, NMDC’s share price has been quite up and down, ranging from a low of 103.75 INR to a high of 247.05 INR in the past 52 weeks.
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