AIA Engineering Limited designs, develops, manufactures, installs, and servicing high chromium wear, corrosion, and abrasion resistant castings in India and internationally. The company offers grinding media; shell liners; and diaphragms, such as partition walls, discharge diaphragms, drying chamber diaphragms, and dopple rotator diaphragms for tube mill applications; and grinding tables and rolls for vertical mill applications. It also provides castings for preheaters, kilns, and coolers; and wear parts for cone crushers, hammer crushers, impellor crushers, and vertical shaft impact crushers. In addition, the company offers wear components for quarrying applications. Further, it provides tube mill internals, vertical mill parts, and high-performance milling systems; and installation and commissioning supervision, and mill optimization technical services for the power industry, as well as wear components for the aggregates industry. Additionally, the company offers mill audit, turnkey installation and commissioning, stock assessment and management, and performance monitoring services. Its products are used in cement, mining, and thermal power generation industries. AIA Engineering Limited was founded in 1979 and is based in Ahmedabad, India.
AIA Engineering Dividend Announcement
• AIA Engineering announced a semi annually dividend of ₹16.00 per ordinary share which will be made payable on 2024-09-10. Ex dividend date: 2024-09-02
• AIA Engineering annual dividend for 2024 was ₹32.00
• AIA Engineering annual dividend for 2023 was ₹16.00
• AIA Engineering's trailing twelve-month (TTM) dividend yield is 0.87%
• AIA Engineering's dividend growth over the last five years (2018-2023) was 14.87% year
• AIA Engineering's dividend growth over the last ten years (2013-2023) was 14.87% year
AIA Engineering Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-02 | ₹16.00 | semi annually | 2024-09-10 |
2024-08-20 | ₹16.00 | semi annually | 2024-10-08 |
2023-09-12 | ₹16.00 | semi annually | 2023-10-19 |
2022-09-02 | ₹9.00 | semi annually | 2022-10-11 |
2021-08-26 | ₹9.00 | semi annually | 2021-10-02 |
2020-03-17 | ₹27.00 | semi annually | 2020-03-31 |
2019-08-02 | ₹9.00 | semi annually | 2019-09-10 |
2018-04-04 | ₹8.00 | semi annually | 2018-04-20 |
2017-08-04 | ₹4.00 | semi annually | 2017-09-12 |
2017-02-20 | ₹4.00 | semi annually | 2017-03-10 |
2016-03-17 | ₹10.00 | semi annually | 2016-03-28 |
2015-09-10 | ₹8.00 | semi annually | 2015-10-24 |
2014-08-27 | ₹6.00 | semi annually | 2014-10-11 |
2013-08-01 | ₹4.00 | semi annually |
AIA Engineering Dividend per year
AIA Engineering Dividend growth
AIA Engineering Dividend Yield
AIA Engineering current trailing twelve-month (TTM) dividend yield is 0.87%. Interested in purchasing AIA Engineering stock? Use our calculator to estimate your expected dividend yield:
AIA Engineering Financial Ratios
AIA Engineering Dividend FAQ
Other factors to consider when evaluating AIA Engineering 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: AIA Engineering'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, AIA Engineering 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, AIA Engineering 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 AIA Engineering 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: AIA Engineering 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, AIA Engineering distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: AIA Engineering 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 AIA Engineering'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 AIA Engineering'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.