Asahi India Glass Limited, an integrated glass and windows solutions company, manufactures and supplies various glass products in India and internationally. It operates in two segments, Automotive Glass and Float Glass. The company offers various automotive glass products, including laminated windshields, tempered glass for sidelites and backlites, defogger glasses, glass antennas, encapsulated glasses, plug-in windows, solar control glasses, IR and UV cut glasses, dark green UV cut glasses, rain sensor and wiper heated windshields, glasses with assembly, privacy glasses, acoustic windshields, IR cut and acoustic windshields, sliding windows for buses and trucks, thinner glazings, and IGU for metro and railways. It also provides a range of architectural glass products, such as clear, tinted, and frosted glasses; coated solar control and heat-reflective glasses; back-painted, mirror, and tinted mirror décor glasses; laminated and tempered processed glasses; and fire-resistant, smart, fabric laminated, mesh laminated, and bullet resistant glasses. In addition, the company offers uPVC, wooden, and aluminum windows; and glass, window, and door solutions. Further, it provides automotive glass repair and replacement services. The company was incorporated in 1984 and is based in Gurugram, India.
Asahi India Glass Dividend Announcement
• Asahi India Glass announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-10-04. Ex dividend date: 2024-08-28
• Asahi India Glass annual dividend for 2024 was ₹2.00
• Asahi India Glass annual dividend for 2023 was ₹2.00
• Asahi India Glass's trailing twelve-month (TTM) dividend yield is 0.28%
• Asahi India Glass's dividend growth over the last five years (2018-2023) was -7.79% year
Asahi India Glass Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-28 | ₹2.00 | annually | 2024-10-04 |
2023-09-11 | ₹2.00 | annually | 2023-10-18 |
2022-09-07 | ₹2.00 | annually | 2022-10-15 |
2021-09-21 | ₹1.00 | annually | 2021-10-29 |
2020-03-19 | ₹1.00 | annually | 2020-04-07 |
2019-07-30 | ₹1.00 | annually | 2019-09-05 |
2019-07-29 | ₹1.00 | annually | |
2018-07-31 | ₹1.50 | annually | 2018-09-06 |
2018-07-30 | ₹1.50 | annually | |
2017-08-02 | ₹1.00 | annually | 2017-09-09 |
2016-08-04 | ₹0.60 | annually | |
2007-03-22 | ₹0.65 | annually | 2007-04-08 |
2006-07-21 | ₹0.60 | annually | 2006-08-09 |
2005-07-20 | ₹1.50 | annually | 2005-08-06 |
Asahi India Glass Dividend per year
Asahi India Glass Dividend growth
Asahi India Glass Dividend Yield
Asahi India Glass current trailing twelve-month (TTM) dividend yield is 0.28%. Interested in purchasing Asahi India Glass stock? Use our calculator to estimate your expected dividend yield:
Asahi India Glass Financial Ratios
Asahi India Glass Dividend FAQ
Other factors to consider when evaluating Asahi India Glass 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: Asahi India Glass'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, Asahi India Glass 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, Asahi India Glass 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 Asahi India Glass 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: Asahi India Glass 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, Asahi India Glass distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Asahi India Glass 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 Asahi India Glass'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 Asahi India Glass'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.