Aarvi Encon Limited provides manpower outsourcing and consultancy services in India and the United Arab Emirates. The company offers information technology (IT) staffing, manpower outsourcing/technical staffing, project management, construction supervision, procurement assistance/expediting, inspection, pre-commissioning and commissioning, operation and maintenance, CAD/drafting, 3D modeling, and shutdown, as well as engineering services. It serves the IT, engineering/EPC, oil and gas, LNG, PNG, metal and mineral, fertilizer, telecom, refinery/petrochemical, pipeline, infrastructure, power, renewable energy, cement, automobile, ports and terminals, and CGD/CNG, as well as metro and mono rail/railway industries. The company was incorporated in 1987 and is headquartered in Mumbai, India.
Aarvi Encon Dividend Announcement
• Aarvi Encon announced a semi annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-09-01. Ex dividend date: 2024-07-26
• Aarvi Encon annual dividend for 2024 was ₹4.00
• Aarvi Encon annual dividend for 2023 was ₹2.00
• Aarvi Encon's trailing twelve-month (TTM) dividend yield is 2.72%
• Aarvi Encon's dividend growth over the last five years (2018-2023) was 31.95% year
Aarvi Encon Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-26 | ₹2.00 | semi annually | 2024-09-01 |
2024-07-19 | ₹2.00 | semi annually | 2024-09-01 |
2023-09-15 | ₹2.00 | semi annually | 2023-10-23 |
2022-07-21 | ₹1.50 | semi annually | 2022-08-28 |
2021-11-22 | ₹0.50 | semi annually | 2021-12-12 |
2021-07-15 | ₹1.50 | semi annually | 2021-08-28 |
2020-09-10 | ₹1.00 | semi annually | 2020-10-22 |
2019-07-25 | ₹1.00 | semi annually | 2019-08-19 |
2018-08-24 | ₹0.50 | semi annually | 2018-09-30 |
Aarvi Encon Dividend per year
Aarvi Encon Dividend growth
Aarvi Encon Dividend Yield
Aarvi Encon current trailing twelve-month (TTM) dividend yield is 2.72%. Interested in purchasing Aarvi Encon stock? Use our calculator to estimate your expected dividend yield:
Aarvi Encon Financial Ratios
Aarvi Encon Dividend FAQ
Other factors to consider when evaluating Aarvi Encon as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Aarvi Encon's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Aarvi Encon publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Aarvi Encon distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Aarvi Encon are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Aarvi Encon sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Aarvi Encon distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Aarvi Encon declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Aarvi Encon's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Aarvi Encon's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.