Adani Ports and Special Economic Zone Limited, together with its subsidiaries, develops, operates, and maintains port infrastructure facilities in India. It also engages in the ports related infrastructure development activities; and development of infrastructure at contiguous Special Economic Zone at Mundra. The company operates 13 domestic ports, which handle dry cargo, liquid cargo, crude, and containers in Gujarat, Maharashtra, Goa, Kerala, Andhra Pradesh, Tamil Nadu, and Odisha. In addition, the company operates rail, cold storage, warehouse, inland waterways, trucking, air freight stations, and logistics parks. Further, the company is involved in power distribution, generation, and transmission infrastructure business; gas distribution; and ownership and operation of harbor tugs, barges, port crafts, ocean towage, and offshore support vessel. Additionally, the company offers non-scheduled passenger airline, dredging, and hospital and related services; and marine services, such as pilotage, laying, and maintenance of buoys. The company as incorporated in 1998 and is headquartered in Ahmedabad, India.
Adani Ports and Special Economic Zone Dividend Announcement
• Adani Ports and Special Economic Zone announced a annually dividend of ₹6.00 per ordinary share which will be made payable on 2024-07-24. Ex dividend date: 2024-06-14
• Adani Ports and Special Economic Zone annual dividend for 2024 was ₹6.00
• Adani Ports and Special Economic Zone annual dividend for 2023 was ₹5.00
• Adani Ports and Special Economic Zone's trailing twelve-month (TTM) dividend yield is 0.45%
• Adani Ports and Special Economic Zone's dividend growth over the last five years (2018-2023) was 20.11% year
• Adani Ports and Special Economic Zone's dividend growth over the last ten years (2013-2023) was 17.46% year
Adani Ports and Special Economic Zone Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-14 | ₹6.00 | annually | 2024-07-24 |
2023-07-28 | ₹5.00 | annually | 2023-09-07 |
2022-07-14 | ₹5.00 | annually | 2022-08-25 |
2021-06-24 | ₹5.00 | annually | 2021-08-11 |
2020-03-16 | ₹3.20 | annually | 2020-04-03 |
2019-07-26 | ₹0.20 | annually | 2019-09-05 |
2018-07-26 | ₹2.00 | annually | 2018-09-05 |
2017-07-31 | ₹1.30 | annually | 2017-09-08 |
2016-03-22 | ₹1.10 | annually | 2016-09-08 |
2015-05-22 | ₹1.10 | annually | 2015-09-10 |
2014-07-31 | ₹1.00 | annually | 2014-09-08 |
2013-07-30 | ₹1.00 | annually | 2013-09-07 |
Adani Ports and Special Economic Zone Dividend per year
Adani Ports and Special Economic Zone Dividend growth
Adani Ports and Special Economic Zone Dividend Yield
Adani Ports and Special Economic Zone current trailing twelve-month (TTM) dividend yield is 0.45%. Interested in purchasing Adani Ports and Special Economic Zone stock? Use our calculator to estimate your expected dividend yield:
Adani Ports and Special Economic Zone Financial Ratios
Adani Ports and Special Economic Zone Dividend FAQ
Other factors to consider when evaluating Adani Ports and Special Economic Zone 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: Adani Ports and Special Economic Zone'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, Adani Ports and Special Economic Zone 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, Adani Ports and Special Economic Zone 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 Adani Ports and Special Economic Zone 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: Adani Ports and Special Economic Zone 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, Adani Ports and Special Economic Zone distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Adani Ports and Special Economic Zone 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 Adani Ports and Special Economic Zone'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 Adani Ports and Special Economic Zone'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.