Astra Microwave Products Limited designs, develops, manufactures, and sells sub-systems for radio frequency and microwave systems used in defense, space, meteorology, and telecommunication applications in India. It offers radar electronics, including active antenna array units, TR modules, wideband TR modules, solid state power amplifiers, receiver exciters, central units, antenna beam forming units, all receiver subsystems, array group and monopulse receivers, waveform generators, and MMIC; electronic warfare comprising antennas, EDLVA and BLI super components, EW simulators, DIFM receivers, front end receivers, up/down convertors, and homodyne receivers; and strategic electronics and telemetry, such as command guidance units, radio proximity fuze, phased array based telemetry tracking system, sub-systems for gimbal based and AESA seeker, ground and air-borne data link systems, data and video telemetry transmitters, transponders, encoders and decoders, and telemetry receivers, as well as L, S, C, and X-Band transponders. The company also provides ground-based systems consisting of sub-systems for multi-object, tracking radar, coherent frequency generators, L-band modulators, 8x8 switchable routers for earth station, V/UHF T/R modules for ST radar, and Ka-band indoor/outdoor units; S-level (on-board) / flight model systems, which includes sub-systems for SAR payloads, geostationary satellites, and remote sensing satellites; water level measurement, agromet meteorological stations, automatic rain gauge, automatic weather stations, mini boundary layer masts, 50m tower masts, and agro met towers; and perimeter surveillance system and non-linear junction detector. In addition, it offers MMIC testing and assembly, and contract manufacturing services, as well as products for homeland security. The company also exports its products. Astra Microwave Products Limited was incorporated in 1991 and is based in Hyderabad, India.
Astra Microwave Products Dividend Announcement
• Astra Microwave Products announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-08-29. Ex dividend date: 2024-08-23
• Astra Microwave Products annual dividend for 2024 was ₹2.00
• Astra Microwave Products annual dividend for 2023 was ₹1.60
• Astra Microwave Products's trailing twelve-month (TTM) dividend yield is 0.26%
• Astra Microwave Products's dividend growth over the last five years (2018-2023) was 5.92% year
• Astra Microwave Products's dividend growth over the last ten years (2013-2023) was 7.18% year
Astra Microwave Products Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-23 | ₹2.00 | annually | 2024-08-29 |
2023-08-23 | ₹1.60 | annually | 2023-09-29 |
2022-08-11 | ₹1.40 | annually | 2022-09-21 |
2021-08-17 | ₹1.20 | annually | 2021-09-25 |
2020-09-01 | ₹1.20 | annually | 2020-10-09 |
2019-08-06 | ₹0.25 | annually | 2019-09-13 |
2018-07-19 | ₹1.20 | annually | 2018-08-29 |
2017-07-19 | ₹1.00 | annually | 2017-08-14 |
2016-07-20 | ₹1.20 | annually | 2016-08-15 |
2015-07-21 | ₹1.20 | annually | 2015-08-29 |
2014-07-22 | ₹1.10 | annually | 2014-08-30 |
2013-09-19 | ₹0.80 | annually | 2013-10-30 |
Astra Microwave Products Dividend per year
Astra Microwave Products Dividend growth
Astra Microwave Products Dividend Yield
Astra Microwave Products current trailing twelve-month (TTM) dividend yield is 0.26%. Interested in purchasing Astra Microwave Products stock? Use our calculator to estimate your expected dividend yield:
Astra Microwave Products Financial Ratios
Astra Microwave Products Dividend FAQ
Other factors to consider when evaluating Astra Microwave Products 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: Astra Microwave Products'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, Astra Microwave Products 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, Astra Microwave Products 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 Astra Microwave Products 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: Astra Microwave Products 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, Astra Microwave Products distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Astra Microwave Products 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 Astra Microwave Products'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 Astra Microwave Products'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.