Aaron Industries Limited manufactures and sells elevators and elevator parts in India. The company operates through Elevator, Electrical, and Steel Polishing Divisions. It offers elevator cabins, doors and frame, elevator parts, etc.; and auto door systems, door operators, swing and manual doors, and gearless machines. The company also provides electrical equipment, such as distribution board and box, busbar, MS box etc. In addition, it engages steel polishing activities comprising stainless steel polishing of mirrors and matts, stainless steel press plates, stainless steel designer sheets, etc. Aaron Industries Limited was incorporated in 2013 and is based in Surat, India.
Aaron Industries Dividend Announcement
• Aaron Industries announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-09-17
• Aaron Industries annual dividend for 2024 was ₹1.00
• Aaron Industries annual dividend for 2023 was ₹1.00
• Aaron Industries's trailing twelve-month (TTM) dividend yield is 0.37%
Aaron Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-17 | ₹1.00 | annually | 2024-10-24 |
2023-08-28 | ₹1.00 | annually | |
2022-09-01 | ₹0.80 | annually | 2022-10-10 |
2020-08-12 | ₹0.60 | annually | 2020-09-19 |
Aaron Industries Dividend per year
Aaron Industries Dividend growth
Aaron Industries Dividend Yield
Aaron Industries current trailing twelve-month (TTM) dividend yield is 0.37%. Interested in purchasing Aaron Industries stock? Use our calculator to estimate your expected dividend yield:
Aaron Industries Financial Ratios
Aaron Industries Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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