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As of today (2026-09-03), the Forward Annual Dividend Yield of Nitiraj Engineers is 0.73%.
As of today (2026-09-03), the Trailing Annual Dividend Yield of Nitiraj Engineers is 0.73%.
NSE:NITIRAJ's Forward Dividend Yield % is ranked worse than 74.03% of 1363
companies
in the Hardware industry
Industry Median: 1.66
vs NSE:NITIRAJ: 0.73
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Nitiraj Engineers Forward Dividend Yield % Related Terms
NSE:NITIRAJ vs GRMN, COHR, KEYS: Forward Dividend Yield % Comparison
For the Scientific & Technical Instruments subindustry, Nitiraj Engineers's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nitiraj Engineers Forward Dividend Yield % vs Hardware Industry
For the Hardware industry and Technology sector, Nitiraj Engineers's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Nitiraj Engineers's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Nitiraj Engineers Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
INR 1.500000
2025-09-16
2025-09-17
2025-10-20
Cash Dividend
annually
INR:INR 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Nitiraj Engineers's Forward Annual Dividend Yield (%) for Today is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Forward Dividend Yield % of 0.73% mean?
Nitiraj Engineers (NSE:NITIRAJ) has a Forward Dividend Yield % of 0.73% as of Sep. 03, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Nitiraj Engineers and its competitors. According to the industry distribution chart, Nitiraj Engineers ranks #1009 out of 1363 companies in the Hardware industry, placing it in the top 74%.
Is Nitiraj Engineers' Forward Dividend Yield % too high?
Nitiraj Engineers' current Forward Dividend Yield % is 0.73%. The Hardware industry median Forward Dividend Yield % is 1.66. Nitiraj Engineers' value of 0.73% is 56% below this industry median. Based on the distribution chart, Nitiraj Engineers ranks #1009 out of 1363 companies in the Hardware industry, which is below the industry midpoint. Overall, Nitiraj Engineers has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitiraj Engineers' Forward Dividend Yield % compare to GRMN and COHR?
According to the Hardware industry distribution chart, Nitiraj Engineers ranks #1009 out of 1363 companies for Forward Dividend Yield %. This places Nitiraj Engineers in the lower half of its industry. The industry median Forward Dividend Yield % is 1.66. Nitiraj Engineers' value of 0.73% is 56% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Hardware company?
The median Forward Dividend Yield % among Hardware companies is 1.66, based on 1,363 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nitiraj Engineers's current Forward Dividend Yield % of 0.73% is 56% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Nitiraj Engineers and its competitors. For the Hardware industry, the median Forward Dividend Yield % is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitiraj Engineers's current Forward Dividend Yield % is 0.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitiraj Engineers stock overvalued right now?
Based on GuruFocus' analysis, Nitiraj Engineers (NSE:NITIRAJ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹141.59, compared to a current price of ₹205.13 — trading 44.9% above its estimated fair value. The current Forward Dividend Yield % is 0.73% and 56% below the Hardware industry median of 1.66. Nitiraj Engineers' overall GF Score™ is 55/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Nitiraj Engineers (NSE:NITIRAJ), the current Forward Dividend Yield % is 0.73% as of Sep. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nitiraj Engineers (NSE:NITIRAJ) Overvalued in 2026?
Based on GuruFocus' analysis, Nitiraj Engineers stock appears to be overvalued.
The current stock price of ₹205.13 is trading 44.9% above its estimated GF Value™ of ₹141.59.
GuruFocus considers Nitiraj Engineers to be Significantly Overvalued.
Key valuation signals for NSE:NITIRAJ:
Forward Dividend Yield %: 0.73%
GF Value™: ₹141.59 vs. price of ₹205.13 (44.9% above fair value)
Industry Position: 56% below the Hardware median (#1009 of 1363)
No single metric tells the full story. See the NSE:NITIRAJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitiraj Engineers Ltd offers measuring and counting devices in India. It operates in five broad segments, i.e., Electronic Weighing Scales and Systems, Electronic Currency Counting Machines, and Digital Fare Meters, Home and Hotel Automation, and Mechanical Scales. The company generates maximum revenue from the Electronic Weighing Scales and Systems segment. Its diverse product portfolio caters to various sectors such as industrial, commercial, jewellery, healthcare, household, automobile, and home and hotel. Geographically, it derives a majority of its revenue from India.
55GF Score
Get the complete analysis for NSE:NITIRAJ
Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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