NIIT Dividend
What is NIIT current dividend yield, its reliability and sustainability?
Dividend Score
5/6Dividend Score 5/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
1.65%
Current Dividend Yield
Dividend Yield vs Market
| NIIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (500304) | 1.6% |
| Market Bottom 25% (IN) | 0.4% |
| Market Top 25% (IN) | 1.6% |
| Industry Average (IT) | 1.9% |
| Analyst forecast in 3 Years (500304) | 2.2% |
Notable Dividend: 500304's dividend (1.65%) is higher than the bottom 25% of dividend payers in the Indian market (0.37%).
High Dividend: 500304's dividend (1.65%) is in the top 25% of dividend payers in the Indian market (1.61%)
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 3/31/2025 | 7 | 1 |
| 3/31/2024 | 7.5 | 2 |
| 3/31/2023 | 6 | 2 |
| 1/30/2023 | 5 | 1.65 |
| 7/12/2022 | 5 | 1.54 |
| 5/24/2022 | 5 | 1.2 |
| 1/29/2022 | 6 | 1.21 |
| 7/5/2021 | 2.5 | 0.71 |
| 8/28/2020 | 10 | 5.85 |
| 6/4/2020 | 10 | 10.31 |
| 2/5/2020 | 8 | 9.32 |
| 7/11/2019 | 5 | 5.21 |
| 5/10/2016 | - | 0 |
| 1/15/2016 | - | 0 |
| 10/15/2015 | - | 0 |
| 7/17/2015 | - | 0 |
| 6/12/2014 | 1.6 | 3.53 |
| 5/21/2014 | 1.6 | 3.26 |
| 7/1/2013 | 1.6 | 6.98 |
| 6/6/2012 | 1.6 | 5.63 |
| 5/9/2012 | 1.6 | 3.96 |
Stable Dividend: 500304's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500304's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.1%), 500304's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.2%), 500304's dividend payments are well covered by cash flows.