Allcargo Logistics Limited provides integrated logistics solutions in India, the United States, the Far East, Europe, and internationally. The company operates in four segments: Multimodal Transport Operations, Container Freight Stations, Project and Engineering Solutions, and Logistics Park. The Multimodal Transport Operations segment is involved in non-vessel owning common carrier operations related to less than container load (LCL) consolidation and full container load forwarding activities. The Container Freight Stations segment offers import/export cargo stuffing, de-stuffing, custom clearance, and other related ancillary services to importers and exporters. The Project and Engineering Solutions segment provides integrated end-to-end project, engineering, and logistic services through a fleet of special equipment, as well as project engineering solutions across various sectors. The Logistics Park segment offers warehousing and industrial real-estate solutions. The company was formerly known as Allcargo Global Logistics Limited and changed its name to Allcargo Logistics Limited in July 2011. Allcargo Logistics Limited was incorporated in 1993 and is headquartered in Mumbai, India.
Allcargo Logistics Dividend Announcement
• Allcargo Logistics announced a semi annually dividend of ₹1.10 per ordinary share which will be made payable on 2024-11-17. Ex dividend date: 2024-10-25
• Allcargo Logistics annual dividend for 2024 was ₹2.10
• Allcargo Logistics annual dividend for 2023 was ₹3.25
• Allcargo Logistics's trailing twelve-month (TTM) dividend yield is 4.03%
• Allcargo Logistics's dividend growth over the last five years (2018-2023) was 10.20% year
• Allcargo Logistics's dividend growth over the last ten years (2013-2023) was 8.04% year
Allcargo Logistics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-25 | ₹1.10 | semi annually | 2024-11-17 |
2024-09-17 | ₹1.00 | semi annually | 2024-10-26 |
2023-03-15 | ₹3.25 | semi annually | 2023-03-16 |
2022-03-24 | ₹3.00 | semi annually | 2022-04-15 |
2021-03-22 | ₹2.00 | semi annually | 2021-04-14 |
2020-03-23 | ₹3.00 | semi annually | 2020-04-15 |
2019-02-15 | ₹1.50 | semi annually | 2019-03-10 |
2018-08-02 | ₹2.00 | semi annually | 2018-09-09 |
2017-08-01 | ₹2.00 | semi annually | 2017-09-09 |
2016-03-21 | ₹1.00 | semi annually | 2016-04-13 |
2015-11-19 | ₹1.00 | semi annually | 2015-12-05 |
2015-07-31 | ₹1.40 | semi annually | 2015-08-25 |
2014-08-26 | ₹0.60 | semi annually | 2014-09-06 |
2014-07-31 | ₹1.50 | semi annually | 2014-08-22 |
2013-08-02 | ₹1.50 | semi annually | 2013-09-07 |
Allcargo Logistics Dividend per year
Allcargo Logistics Dividend growth
Allcargo Logistics Dividend Yield
Allcargo Logistics current trailing twelve-month (TTM) dividend yield is 4.03%. Interested in purchasing Allcargo Logistics stock? Use our calculator to estimate your expected dividend yield:
Allcargo Logistics Financial Ratios
Allcargo Logistics Dividend FAQ
Other factors to consider when evaluating Allcargo Logistics 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: Allcargo Logistics'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, Allcargo Logistics 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, Allcargo Logistics 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 Allcargo Logistics 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: Allcargo Logistics 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, Allcargo Logistics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Allcargo Logistics 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 Allcargo Logistics'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 Allcargo Logistics'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.