Balkrishna Industries Limited manufactures and sells tires worldwide. It offers rubber tires, tubes, and carbon black products. The company provides off-highway tires for use in various applications, such as agricultural, industrial and construction, earthmoving and port, mining, forestry, lawn and garden, and all-terrain vehicles. It sells its products through a network of distributors. The company was incorporated in 1961 and is headquartered in Mumbai, India.
Balkrishna Industries Dividend Announcement
• Balkrishna Industries announced a quarterly dividend of ₹4.00 per ordinary share which will be made payable on 2024-11-24. Ex dividend date: 2024-10-31
• Balkrishna Industries annual dividend for 2024 was ₹16.00
• Balkrishna Industries annual dividend for 2023 was ₹16.00
• Balkrishna Industries's trailing twelve-month (TTM) dividend yield is 0.71%
• Balkrishna Industries's dividend growth over the last five years (2018-2023) was 13.49% year
• Balkrishna Industries's dividend growth over the last ten years (2013-2023) was 26.71% year
Balkrishna Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-31 | ₹4.00 | quarterly | 2024-11-24 |
2024-08-20 | ₹4.00 | quarterly | 2024-09-08 |
2024-07-05 | ₹4.00 | quarterly | 2024-08-18 |
2024-02-02 | ₹4.00 | quarterly | 2024-02-23 |
2023-10-31 | ₹4.00 | quarterly | 2023-11-20 |
2023-08-11 | ₹4.00 | quarterly | 2023-09-04 |
2023-07-11 | ₹4.00 | quarterly | 2023-08-21 |
2023-02-17 | ₹4.00 | quarterly | 2023-03-13 |
2022-11-21 | ₹4.00 | quarterly | 2022-12-14 |
2022-08-11 | ₹4.00 | quarterly | 2022-09-03 |
2022-06-24 | ₹4.00 | quarterly | 2022-08-06 |
2022-02-21 | ₹12.00 | quarterly | 2022-03-16 |
2021-11-17 | ₹4.00 | quarterly | 2021-12-11 |
2021-08-12 | ₹4.00 | quarterly | 2021-09-05 |
2021-06-18 | ₹5.00 | quarterly | 2021-07-30 |
2021-02-15 | ₹5.00 | quarterly | 2021-03-10 |
2020-11-12 | ₹4.00 | quarterly | 2020-12-06 |
2020-08-20 | ₹3.00 | quarterly | 2020-09-12 |
2020-02-24 | ₹16.00 | quarterly | 2020-03-15 |
2019-11-21 | ₹2.00 | quarterly | 2019-12-14 |
2019-08-20 | ₹2.00 | quarterly | 2019-09-09 |
2019-07-04 | ₹2.00 | quarterly | 2019-08-12 |
2019-02-15 | ₹2.00 | quarterly | 2019-03-10 |
2018-11-14 | ₹2.00 | quarterly | 2018-12-05 |
2018-08-20 | ₹2.00 | quarterly | 2018-09-10 |
2018-07-10 | ₹1.50 | quarterly | 2018-08-13 |
2018-07-09 | ₹1.50 | quarterly | |
2018-02-21 | ₹1.50 | quarterly | 2018-03-16 |
2017-11-16 | ₹2.50 | quarterly | 2017-12-08 |
2017-09-06 | ₹2.50 | quarterly | 2017-10-09 |
2017-08-04 | ₹2.50 | quarterly | 2017-08-28 |
2017-02-17 | ₹2.00 | quarterly | 2017-03-12 |
2016-12-07 | ₹2.00 | quarterly | 2016-12-30 |
2016-09-19 | ₹1.50 | quarterly | 2016-10-10 |
2016-03-16 | ₹3.00 | quarterly | 2016-09-06 |
2015-07-06 | ₹2.40 | quarterly | 2015-08-10 |
2014-09-05 | ₹2.00 | quarterly | 2014-10-13 |
2013-09-16 | ₹1.50 | quarterly | 2013-10-21 |
Balkrishna Industries Dividend per year
Balkrishna Industries Dividend growth
Balkrishna Industries Dividend Yield
Balkrishna Industries current trailing twelve-month (TTM) dividend yield is 0.71%. Interested in purchasing Balkrishna Industries stock? Use our calculator to estimate your expected dividend yield:
Balkrishna Industries Financial Ratios
Balkrishna Industries Dividend FAQ
Other factors to consider when evaluating Balkrishna 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.
Place an order: Use the brokerage's trading platform to place an order to buy Balkrishna Industries 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.
1. Determination of Dividend: Balkrishna 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, Balkrishna 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, Balkrishna 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 Balkrishna 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: Balkrishna 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, Balkrishna 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: Balkrishna 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 Balkrishna 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 Balkrishna 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.