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Nitiraj Engineers (NSE:NITIRAJ) Forward Dividend Yield % : 0.00% (As of Jun. 19, 2024)


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What is Nitiraj Engineers Forward Dividend Yield %?

As of today (2024-06-19), the Forward Annual Dividend Yield of Nitiraj Engineers is 0.00%.

As of today (2024-06-19), the Trailing Annual Dividend Yield of Nitiraj Engineers is 0.00%.

NSE:NITIRAJ's Forward Dividend Yield % is not ranked *
in the Hardware industry.
Industry Median: 2.335
* Ranked among companies with meaningful Forward Dividend Yield % only.

Nitiraj Engineers's Dividends per Share for the three months ended in Dec. 2023 was ₹0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Nitiraj Engineers's Forward Dividend Yield %

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's Forward Dividend Yield % Distribution in the 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.



Nitiraj Engineers Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


Nitiraj Engineers  (NSE:NITIRAJ) Forward Dividend Yield % Explanation

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Nitiraj Engineers Forward Dividend Yield % Related Terms

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Nitiraj Engineers (NSE:NITIRAJ) Business Description

Traded in Other Exchanges
N/A
Address
Plot NO J25, J26,MIDC Awadhan,, Dhule, MH, IND, 424006
Nitiraj Engineers Ltd offers measure 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.

Nitiraj Engineers (NSE:NITIRAJ) Headlines

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