Alicon Castalloy Limited engages in the prototyping, design, manufacturing, engineering, casting, machining and assembly, painting, and surface treatment of aluminum components in India and internationally. The company offers aluminum castings, such as gravity die, low pressure die, and sand castings. Its products include cylinder head, suspension parts, wheel hubs, bridge fork top, outer tubes, and inlet pipes; and back housing, fuel cell tank, inverter housing, battery housing, electric car battery housing, swing arm, and electric car motor housings. The company also provides aluminum alloy wheels for tanks, gravity die-casted components for energy sector, and break system components for locomotives. Its products are used in various sectors, such as e-mobility, automotive, aerospace and marine, defense, locomotive, medical and health, infrastructure, energy, and agriculture. The company was formerly known as Enkei Castalloy Limited. Alicon Castalloy Limited was incorporated in 1990 and is headquartered in Pune, India.
Alicon Castalloy Dividend Announcement
• Alicon Castalloy announced a semi annually dividend of ₹4.50 per ordinary share which will be made payable on 2024-10-27. Ex dividend date: 2024-09-19
• Alicon Castalloy annual dividend for 2024 was ₹7.50
• Alicon Castalloy annual dividend for 2023 was ₹6.25
• Alicon Castalloy's trailing twelve-month (TTM) dividend yield is 0.62%
Alicon Castalloy Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-19 | ₹4.50 | semi annually | 2024-10-27 |
2024-05-31 | ₹3.00 | semi annually | 2024-06-15 |
2023-09-13 | ₹3.75 | semi annually | 2023-10-05 |
2023-05-19 | ₹2.50 | semi annually | 2023-06-15 |
2022-09-19 | ₹2.25 | semi annually | 2022-10-27 |
2020-03-23 | ₹1.25 | semi annually | 2020-04-11 |
2019-07-18 | ₹5.00 | semi annually | 2019-08-20 |
2019-02-15 | ₹2.00 | semi annually | 2019-03-08 |
2018-09-12 | ₹4.25 | semi annually | 2018-10-22 |
2018-02-09 | ₹2.00 | semi annually | 2018-02-20 |
2017-09-18 | ₹4.25 | semi annually | 2017-10-26 |
2016-09-21 | ₹3.75 | semi annually | 2016-10-29 |
2015-12-22 | ₹3.00 | semi annually | 2016-05-01 |
2014-09-19 | ₹2.50 | semi annually | 2014-10-29 |
2013-09-25 | ₹2.00 | semi annually | 2013-10-30 |
2012-09-24 | ₹1.38 | semi annually | 2012-10-12 |
Alicon Castalloy Dividend per year
Alicon Castalloy Dividend growth
Alicon Castalloy Dividend Yield
Alicon Castalloy current trailing twelve-month (TTM) dividend yield is 0.62%. Interested in purchasing Alicon Castalloy stock? Use our calculator to estimate your expected dividend yield:
Alicon Castalloy Financial Ratios
Alicon Castalloy Dividend FAQ
Other factors to consider when evaluating Alicon Castalloy 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: Alicon Castalloy'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, Alicon Castalloy 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, Alicon Castalloy 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 Alicon Castalloy 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: Alicon Castalloy 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, Alicon Castalloy distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Alicon Castalloy 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 Alicon Castalloy'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 Alicon Castalloy'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.