Bharat Bijlee Limited operates as an electrical engineering company in India. It operates in two segments, Power Systems and Industrial Systems. The company offers transformers, such as sub-station, generator, unit auxiliary, and single phase traction transformers; three phase squirrel cage induction motors; gearless belt machines for passenger lifts and elevators; gearless machines for home elevators, heavy duty goods, and heavy goods lifts; and AC drives, servo drives, and motion controllers. It also undertakes design, engineering supply, installation, testing, and commissioning of turnkey electrical projects for customers in cement, power plant, steel, paper, textiles and fibers, public undertakings, and automobile sectors. The company also exports its transformers to Indonesia, the Philippines, the United Arab Emirates, Egypt, Jordan, Oman, Bangladesh, and Nepal. Bharat Bijlee Limited was incorporated in 1946 and is headquartered in Mumbai, India.
Bharat Bijlee Dividend Announcement
• Bharat Bijlee announced a annually dividend of ₹35.00 per ordinary share which will be made payable on 2024-09-28. Ex dividend date: 2024-08-21
• Bharat Bijlee annual dividend for 2024 was ₹35.00
• Bharat Bijlee annual dividend for 2023 was ₹80.00
• Bharat Bijlee's trailing twelve-month (TTM) dividend yield is 0.75%
• Bharat Bijlee's dividend growth over the last five years (2018-2023) was 74.11% year
Bharat Bijlee Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-21 | ₹35.00 | annually | 2024-09-28 |
2023-09-06 | ₹80.00 | annually | 2023-10-14 |
2022-09-20 | ₹20.00 | annually | 2022-10-28 |
2022-09-19 | ₹20.00 | annually | |
2021-09-15 | ₹10.00 | annually | 2021-10-24 |
2020-03-05 | ₹25.00 | annually | 2020-03-13 |
2019-08-29 | ₹25.00 | annually | 2019-10-09 |
2018-06-19 | ₹5.00 | annually | 2018-07-05 |
2013-06-20 | ₹5.00 | annually | 2013-07-28 |
2012-06-21 | ₹50.00 | annually | 2012-07-29 |
2011-06-16 | ₹50.00 | annually | 2011-07-24 |
2010-06-17 | ₹50.00 | annually | 2010-07-25 |
2009-06-23 | ₹50.00 | annually | 2009-07-02 |
Bharat Bijlee Dividend per year
Bharat Bijlee Dividend growth
Bharat Bijlee Dividend Yield
Bharat Bijlee current trailing twelve-month (TTM) dividend yield is 0.75%. Interested in purchasing Bharat Bijlee stock? Use our calculator to estimate your expected dividend yield:
Bharat Bijlee Financial Ratios
Bharat Bijlee Dividend FAQ
Other factors to consider when evaluating Bharat Bijlee 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: Bharat Bijlee'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, Bharat Bijlee 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, Bharat Bijlee 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 Bharat Bijlee 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: Bharat Bijlee 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, Bharat Bijlee distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bharat Bijlee 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 Bharat Bijlee'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 Bharat Bijlee'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.