Nitiraj Engineers (NSE:NITIRAJ) Dividend Payout Ratio : 0.00 (As of Jun. 2024)

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What is Nitiraj Engineers Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Nitiraj Engineers's Dividend Payout Ratio for the months ended in Jun. 2024 was 0.00.

The historical rank and industry rank for Nitiraj Engineers's Dividend Payout Ratio or its related term are showing as below:

NSE:NITIRAJ's Dividend Payout Ratio is not ranked ^*
in the Hardware industry.
Industry Median: 0.46
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-09-21), the Dividend Yield % of Nitiraj Engineers is 0.65%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Nitiraj Engineers was 0.65%. The lowest was 0.00%. And the median was 0.00%.

Nitiraj Engineers's Dividends per Share for the months ended in Jun. 2024 was ₹0.00.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Nitiraj Engineers Dividend Payout Ratio Historical Data

The historical data trend for Nitiraj Engineers's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Nitiraj Engineers Dividend Payout Ratio Chart

Nitiraj Engineers Annual Data

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Dividend Payout Ratio

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Nitiraj Engineers Quarterly Data
	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
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Competitive Comparison of Nitiraj Engineers's Dividend Payout Ratio

For the Scientific & Technical Instruments subindustry, Nitiraj Engineers's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nitiraj Engineers's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Nitiraj Engineers's Dividend Payout Ratio falls into.

Nitiraj Engineers Dividend Payout Ratio Calculation

Nitiraj Engineers's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	0	/	11.483
	=	0.00

Nitiraj Engineers's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0	/	-1.61
	=	N/A

Nitiraj Engineers (NSE:NITIRAJ) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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 Dividend Payout Ratio Related Terms

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Nitiraj Engineers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nitiraj Engineers Ltd (NSE:NITIRAJ) » Definitions » Dividend Payout Ratio

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Address

Plot NO J25, J26,MIDC Awadhan,, Dhule, MH, IND, 424006

Website

https://www.nitiraj.net

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.

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