Automotive Stampings and Assemblies Limited designs, develops, manufactures, assembles, and sells sheet metal stampings, welded assemblies, and modules for passenger vehicles, commercial vehicles and tractors in India. The company offers skin panels, including panel front doors, side panel outers, assembly front panel and side wall outers, front cabin shields, assembly front bumpers, and assembly outer tail gates; and body in whites components, comprising assembly panel planium, body side inners, panel dash, cabin rear walls, fire walls, rail under bodies, and reinf hinge pillars, as well as cabin floors and assy reinf rears. It also provides suspension panels, which includes front suspension modules, assembly cross member, and assy semi trailing arm and rear suspension modules, as well as oil sumps, rear twist beams, and fuel tanks. The company was formerly known as JBM Tools Limited and changed its name to Automotive Stampings and Assemblies Limited in August 2003. The company was incorporated in 1990 and is based in Pune, India. Automotive Stampings and Assemblies Limited is a subsidiary of Tata AutoComp Systems Limited.
Automotive Stampings andsemblies Dividend Announcement
• Automotive Stampings andsemblies announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2012-08-16. Ex dividend date: 2012-07-12
• Automotive Stampings andsemblies's trailing twelve-month (TTM) dividend yield is -%
Automotive Stampings andsemblies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2012-07-12 | ₹1.50 | annually | 2012-08-16 |
2011-05-05 | ₹2.00 | annually | 2011-06-24 |
2010-07-17 | ₹1.50 | annually | |
2010-07-08 | ₹1.50 | annually | 2010-07-16 |
2009-07-09 | ₹0.50 | annually | 2009-07-15 |
2008-06-19 | ₹1.50 | annually | 2008-06-27 |
2007-08-23 | ₹1.50 | annually | |
2006-05-22 | ₹1.20 | annually | 2006-06-08 |
2005-05-27 | ₹1.20 | annually |
Automotive Stampings andsemblies Dividend per year
Automotive Stampings andsemblies Dividend growth
Automotive Stampings andsemblies Dividend Yield
Automotive Stampings andsemblies current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Automotive Stampings andsemblies stock? Use our calculator to estimate your expected dividend yield:
Automotive Stampings andsemblies Financial Ratios
Automotive Stampings andsemblies Dividend FAQ
Other factors to consider when evaluating Automotive Stampings andsemblies 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: Automotive Stampings andsemblies'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, Automotive Stampings andsemblies 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, Automotive Stampings andsemblies 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 Automotive Stampings andsemblies 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: Automotive Stampings andsemblies 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, Automotive Stampings andsemblies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Automotive Stampings andsemblies 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 Automotive Stampings andsemblies'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 Automotive Stampings andsemblies'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.