ABB India Limited develops and sells products and system solutions to utilities, industries, channel partners, and original equipment manufacturers in India and internationally. The company operates through Motion, Robotics and Discrete Automation, Electrification, and Process Automation segments. The Motion segment produces and provides motors, generators, and drives that provide power, motion, and control for a range of automation applications; and offers solutions and related services. The Robotics and Discrete Automation segment provides value-added solutions in robotics, machine, and factory automation. The Electrification segment offers a range of digital and connected solutions for low- and medium-voltage applications, including EV infrastructure, solar inverters, modular substations, distribution automation, power protection, wiring accessories, switchgear, enclosures, cabling, sensing, and control products. The Process Automation segment provides products, systems, and services, such as turnkey engineering, control systems, measurement products, life cycle services, outsourced maintenance, and industry specific products for the optimization of the productivity of industrial processes in oil and gas, power, chemicals and pharmaceuticals, pulp and paper, metals and minerals, marine, and turbocharging industries. The company was formerly known as ABB Limited and changed its name to ABB India Limited in June 2013. ABB India Limited was incorporated in 1949 and is based in Bengaluru, India. ABB India Limited is a subsidiary of ABB Asea Brown Boveri Ltd.
ABB India Dividend Announcement
• ABB India announced a semi annually dividend of ₹23.80 per ordinary share which will be made payable on 2024-06-10. Ex dividend date: 2024-05-03
• ABB India annual dividend for 2024 was ₹23.80
• ABB India annual dividend for 2023 was ₹11.00
• ABB India's trailing twelve-month (TTM) dividend yield is 0.31%
• ABB India's dividend growth over the last five years (2018-2023) was 4.56% year
• ABB India's dividend growth over the last ten years (2013-2023) was 13.87% year
ABB India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-03 | ₹23.80 | semi annually | 2024-06-10 |
2023-08-25 | ₹5.50 | semi annually | 2023-09-05 |
2023-04-27 | ₹5.50 | semi annually | 2023-06-03 |
2022-04-27 | ₹5.20 | semi annually | 2022-06-04 |
2021-04-19 | ₹5.00 | semi annually | 2021-05-28 |
2020-07-16 | ₹4.80 | semi annually | 2020-08-23 |
2020-05-05 | ₹4.80 | semi annually | |
2019-04-26 | ₹4.80 | semi annually | 2019-06-07 |
2018-05-02 | ₹4.40 | semi annually | |
2018-04-27 | ₹4.40 | semi annually | 2018-06-08 |
2017-05-02 | ₹4.00 | semi annually | |
2017-04-28 | ₹4.00 | semi annually | 2017-06-08 |
2016-04-13 | ₹3.70 | semi annually | 2016-04-28 |
2015-04-28 | ₹3.70 | semi annually | |
2015-04-27 | ₹3.70 | semi annually | |
2014-04-25 | ₹3.00 | semi annually | 2014-05-05 |
2013-04-30 | ₹3.00 | semi annually | 2013-05-14 |
ABB India Dividend per year
ABB India Dividend growth
ABB India Dividend Yield
ABB India current trailing twelve-month (TTM) dividend yield is 0.31%. Interested in purchasing ABB India stock? Use our calculator to estimate your expected dividend yield:
ABB India Financial Ratios
ABB India Dividend FAQ
Other factors to consider when evaluating ABB India 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: ABB India'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, ABB India 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, ABB India 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 ABB India 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: ABB India 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, ABB India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ABB India 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 ABB India'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 ABB India'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.