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Banco Products (India) Limited, together with its subsidiaries, designs, develops, manufactures, and sells automobile components for OEM markets in India and internationally. The company offers engine cooling modules, such as radiators, charged air coolers, fuel coolers, oil coolers, condensers, sealing gaskets, and static sealing elastomers. Its products are used in passenger cars; light, medium, and heavy commercial vehicle; agricultural tractors; high performance bikes; agriculture harvesters; construction machineries; power generation equipment; traction rail locomotives; and other related equipment applications. The company was incorporated in 1961 and is based in Vadodara, India.

Banco Products Dividend Announcement

Banco Products announced a semi annually dividend of ₹20.00 per ordinary share which will be made payable on 2024-03-06. Ex dividend date: 2024-02-16
Banco Products annual dividend for 2024 was ₹20.00
Banco Products annual dividend for 2023 was ₹22.00
Banco Products's trailing twelve-month (TTM) dividend yield is 1.77%
Banco Products's dividend growth over the last five years (2018-2023) was 17.08% year
Banco Products's dividend growth over the last ten years (2013-2023) was 28.44% year

Banco Products Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-02-16₹20.00semi annually2024-03-06
2023-09-07₹14.00semi annually2023-09-28
2023-02-24₹8.00semi annually2023-03-15
2022-09-06₹20.00semi annually2022-10-22
2021-09-03₹2.00semi annually2021-10-21
2020-03-18₹20.00semi annually2020-04-10
2019-08-07₹3.00semi annually2019-10-23
2019-02-26₹5.00semi annually2019-03-14
2018-09-06₹5.80semi annually2018-10-22
2018-03-27₹4.20semi annually2018-04-15
2017-09-07₹4.00semi annually2017-10-23
2017-01-20₹5.00semi annually2017-02-10
2016-09-01₹4.00semi annually
2016-02-11₹0.60semi annually
2016-02-05₹0.60semi annually
2015-07-27₹2.50semi annually2015-09-07
2015-02-26₹0.50semi annually2015-03-15
2014-09-11₹0.30semi annually2014-10-23
2014-02-20₹1.70semi annually2014-03-13
2013-09-10₹1.80semi annually2013-10-31

Banco Products Dividend per year

Banco Products Dividend growth

Banco Products Dividend Yield

Banco Products current trailing twelve-month (TTM) dividend yield is 1.77%. Interested in purchasing Banco Products stock? Use our calculator to estimate your expected dividend yield:

Banco Products Financial Ratios

P/E ratio23.51
PEG ratio3.25
P/B ratio6.35
ROE31.09%
Payout ratio0.00%
Current ratio2.41
Quick ratio1.09
Cash Ratio0.02

Banco Products Dividend FAQ

How much is the next Banco Products dividend?
Banco Products's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Banco Products dividend. The next Banco Products dividend will be released in February, or September.
When is Banco Products dividend paid?
Banco Products pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and September. 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 Banco Products pay?
The specific amount of Banco Products 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 Banco Products's dividend history.
Does Banco Products stock pay dividends?
Yes, Banco Products 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 Banco Products's dividend history.
How much dividend does Banco Products pay?
Banco Products paid ₹20.0 in 2024, ₹22.0 in 2023, ₹20.0 in 2022, ₹2.0 in 2021, and ₹20.0 in 2020.
How often does Banco Products pay dividends?
Banco Products 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 February, and September.
What is Banco Products's dividend yield?
The current dividend yield for Banco Products is 1.77%. 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 Banco Products's exact dividend yield.
When does Banco Products go ex dividend?
Banco Products's ex-dividend date for the latest dividend was on 2024-02-16. Banco Products 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 Banco Products dividend paid?
Banco Products pays dividends on a semi annually basis, typically around February, or September, but the exact dates can vary each year.
Will Banco Products 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 Banco Products 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 Banco Products dividend per share?
Banco Products paid ₹20.0 per share in 2024 and ₹22.0 per share in 2023. The amount of dividend per share that Banco Products 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 Banco Products 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 Banco Products 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 Banco Products a dividend stock?
Yes, Banco Products is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Banco Products a good dividend stock?
Whether Banco Products is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Banco Products has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Banco 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.
Does Banco Products pay dividends monthly?
Banco Products typically pays dividends on a semi annually basis.
Does Banco Products pay dividends quarterly?
Banco Products currently pays dividends on a semi annually basis.
Has Banco Products ever paid a dividend?
Yes, Banco Products has a history of paying dividends to its shareholders. Banco Products is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Banco Products dividend stocks?
To buy Banco Products 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 Banco Products 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 Banco Products pay dividends 2024?
Banco Products pays dividends on a semi annually basis. 2024 dividend payments are in 2024-03-06. 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 Banco Products increase its dividend in 2024?
Decisions regarding Banco Products 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 Banco Products dividend overview you can look into the above table of dividend history.
How Banco Products dividend works?
The Banco Products 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 Banco Products's dividend process works:

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

1. Record Date: Banco 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, Banco 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: Banco 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.
How many times does Banco Products pay dividends?
Banco Products 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 Banco Products pay dividends?
The general pattern is that Banco Products pays dividends around February, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Banco Products dividend safe?
The safety of Banco Products'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 Banco 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 Banco 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.