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Ashok Leyland Limited, together with its subsidiaries, manufactures and sells commercial vehicles in India and internationally. The company offers city, inter-city, school and college, staff, tourist, stage carrier, and airport shuttle buses; haulage and ICV distribution trucks, as well as tractors and tippers; light and small commercial vehicles, goods carriers, and passenger vehicles; and defense vehicles comprising logistics, high mobility, armored, light tactical, tracked, and simulator vehicles. It also provides power solutions, such as diesel generators, agriculture engines, industrial engines, and marine engines; spare parts, including trailer axle and suspension, repair, and retro fitment kits; and vehicle and housing financing services. In addition, the company trades in commercial vehicles; offers manpower supply services and air chartering services; provides IT services; and driver training services, as well as manufactures forgings and castings. Further, it operates retail stores; and LeyKart, an e-commerce store for spare parts. The company was incorporated in 1948 and is headquartered in Chennai, India. Ashok Leyland Limited is a subsidiary of Hinduja Automotive Limited.

Ashok Leyland Dividend Announcement

Ashok Leyland announced a semi annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-12-07. Ex dividend date: 2024-11-19
Ashok Leyland annual dividend for 2024 was ₹6.95
Ashok Leyland annual dividend for 2023 was ₹2.60
Ashok Leyland's trailing twelve-month (TTM) dividend yield is 3.0%
Ashok Leyland's dividend growth over the last five years (2018-2023) was 1.36% year

Ashok Leyland Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-19₹2.00semi annually2024-12-07
2024-04-03₹4.95semi annually2024-04-18
2023-07-07₹2.60semi annually2023-08-19
2022-07-14₹1.00semi annually2022-08-27
2021-08-31₹0.60semi annually2021-10-07
2020-03-19₹0.50semi annually2020-04-11
2019-07-23₹3.10semi annually2019-08-24
2018-07-09₹2.43semi annually2018-08-16
2017-07-11₹1.56semi annually2017-08-14
2016-07-13₹0.95semi annually2016-07-25
2015-06-17₹0.45semi annually2015-07-29
2013-07-04₹0.60semi annually2013-07-25
2012-07-12₹1.00semi annually2012-07-31

Ashok Leyland Dividend per year

Ashok Leyland Dividend growth

Ashok Leyland Dividend Yield

Ashok Leyland current trailing twelve-month (TTM) dividend yield is 3.0%. Interested in purchasing Ashok Leyland stock? Use our calculator to estimate your expected dividend yield:

Ashok Leyland Financial Ratios

P/E ratio25.95
PEG ratio0.14
P/B ratio6.61
ROE24.83%
Payout ratio0.00%
Current ratio1.15
Quick ratio0.95
Cash Ratio0.12

Ashok Leyland Dividend FAQ

How much is the next Ashok Leyland dividend?
Ashok Leyland's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Ashok Leyland dividend. The next Ashok Leyland dividend will be released in July.
When is Ashok Leyland dividend paid?
Ashok Leyland pays dividends on a semi annually basis. The specific dates may vary each year but are generally around July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Ashok Leyland pay?
The specific amount of Ashok Leyland dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Ashok Leyland's dividend history.
Does Ashok Leyland stock pay dividends?
Yes, Ashok Leyland does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Ashok Leyland's dividend history.
How much dividend does Ashok Leyland pay?
Ashok Leyland paid ₹6.95 in 2024, ₹2.6 in 2023, ₹1.0 in 2022, ₹0.6 in 2021, and ₹0.5 in 2020.
How often does Ashok Leyland pay dividends?
Ashok Leyland typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around July.
What is Ashok Leyland's dividend yield?
The current dividend yield for Ashok Leyland is 3.0%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Ashok Leyland's exact dividend yield.
When does Ashok Leyland go ex dividend?
Ashok Leyland's ex-dividend date for the latest dividend was on 2024-11-19. Ashok Leyland typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Ashok Leyland dividend paid?
Ashok Leyland pays dividends on a semi annually basis, typically around July, but the exact dates can vary each year.
Will Ashok Leyland increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Ashok Leyland will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Ashok Leyland dividend per share?
Ashok Leyland paid ₹6.95 per share in 2024 and ₹2.6 per share in 2023. The amount of dividend per share that Ashok Leyland pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Ashok Leyland a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Ashok Leyland a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Ashok Leyland a dividend stock?
Yes, Ashok Leyland is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Ashok Leyland a good dividend stock?
Whether Ashok Leyland is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Ashok Leyland has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Ashok Leyland 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.
Does Ashok Leyland pay dividends monthly?
Ashok Leyland typically pays dividends on a semi annually basis.
Does Ashok Leyland pay dividends quarterly?
Ashok Leyland currently pays dividends on a semi annually basis.
Has Ashok Leyland ever paid a dividend?
Yes, Ashok Leyland has a history of paying dividends to its shareholders. Ashok Leyland is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ashok Leyland dividend stocks?
To buy Ashok Leyland you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Ashok Leyland stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Ashok Leyland pay dividends 2024?
Ashok Leyland pays dividends on a semi annually basis. 2024 dividend payments are in 2024-12-07. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Ashok Leyland increase its dividend in 2024?
Decisions regarding Ashok Leyland dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Ashok Leyland dividend overview you can look into the above table of dividend history.
How Ashok Leyland dividend works?
The Ashok Leyland dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Ashok Leyland's dividend process works:

1. Determination of Dividend: Ashok Leyland'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, Ashok Leyland 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, Ashok Leyland 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 Ashok Leyland 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.
How are Ashok Leyland dividends paid?
Ashok Leyland dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Ashok Leyland 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, Ashok Leyland distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Ashok Leyland 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.
How many times does Ashok Leyland pay dividends?
Ashok Leyland typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Ashok Leyland pay dividends?
The general pattern is that Ashok Leyland pays dividends around July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Ashok Leyland dividend safe?
The safety of Ashok Leyland's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Ashok Leyland'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 Ashok Leyland'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.