Apar Industries Limited engages in the electrical and metallurgical engineering business in India. The company offers transformer oils, including naphthenic and iso--paraffinic grades; liquid paraffins that are used in baby oil, medical and pharma, cosmetic, food packaging and coating, personal care, bakery, and plastic industries; petroleum jelly for use in pharmaceutical formulations, dermatological and ophthalmic formulations, battery terminal compounds, release agents for plaster molds and castings, and personal care and leather industries; process oils for rubber and tires, EPDM rubber/profiles, low PCA oils, TPE and plastics, hot melt adhesives, and ink oils; base oils for metal working fluids; and process oils for general applications. It also provides CTC/PICC conductors, railway overhead conductors, T&D overhead conductors, optical ground wires, aluminum and alloy rods, specialty wires, and turnkey solutions, as well as copper rods, wires, busbars, and strips; electrical cables, elastomer and E-beam cables, light duty cables and wires, fiber optic cables, and specialty products and services; and thermoplastic elastomers, thermoplastic vulcanizates, zero halogen flame-retardant materials, various other polymer compounds, and customizable products under the Aparprene brand. In addition, the company offers automotive and industrial lubricants; and specialty automotive products comprising batteries and lubricants. It also exports its products to various countries. The company was founded in 1958 and is headquartered in Mumbai, India.
Apar Industries Dividend Announcement
• Apar Industries announced a annually dividend of ₹51.00 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-08-20
• Apar Industries annual dividend for 2024 was ₹51.00
• Apar Industries annual dividend for 2023 was ₹40.00
• Apar Industries's trailing twelve-month (TTM) dividend yield is 0.53%
• Apar Industries's dividend growth over the last five years (2018-2023) was 33.31% year
• Apar Industries's dividend growth over the last ten years (2013-2023) was 22.52% year
Apar Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-20 | ₹51.00 | annually | 2024-09-26 |
2023-08-04 | ₹40.00 | annually | 2023-09-10 |
2022-08-04 | ₹15.00 | annually | 2022-09-11 |
2021-08-05 | ₹9.50 | annually | 2021-09-12 |
2020-03-05 | ₹9.50 | annually | 2020-03-29 |
2019-07-31 | ₹9.50 | annually | 2019-09-07 |
2018-08-01 | ₹9.50 | annually | 2018-09-08 |
2017-08-01 | ₹10.00 | annually | 2017-09-08 |
2016-03-22 | ₹1.00 | annually | 2016-09-05 |
2015-07-30 | ₹3.50 | annually | 2015-09-06 |
2014-07-24 | ₹5.25 | annually | 2014-08-31 |
2013-08-01 | ₹5.25 | annually |
Apar Industries Dividend per year
Apar Industries Dividend growth
Apar Industries Dividend Yield
Apar Industries current trailing twelve-month (TTM) dividend yield is 0.53%. Interested in purchasing Apar Industries stock? Use our calculator to estimate your expected dividend yield:
Apar Industries Financial Ratios
Apar Industries Dividend FAQ
Other factors to consider when evaluating Apar Industries 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: Apar Industries'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, Apar Industries 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, Apar Industries 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 Apar Industries 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: Apar Industries 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, Apar Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Apar Industries 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 Apar Industries'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 Apar Industries'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.