Bharat Forge Limited manufactures and sells forged and machined components in India and internationally. It operates in two segments, Forgings and Others. The company offers automotive components, including crankshafts, connecting rods, emission/after treatment, fuel injection systems, chassis, and transmission and driveline components; and power generation components for thermal, hydro, and wind energy. It also provides oil and gas forging products, such as subsea, surface, and drilling components; rail products comprising engine and bogie components, turbochargers, and power electronics; and marine products that include crankshafts, rubber, connecting rods, and propeller shafts. In addition, the company offers various components for the aviation sector, such as fan blades, compressors, turbines, aero structures, and landing gear components; construction and mining products, including track links, front spindles, machined crankshafts, and injector bodies; and electric power-train products, such as full powertrain solutions, systems and sub systems, and parts for powertrain. Further, it designs engineering and product development solutions. The company was incorporated in 1961 and is headquartered in Pune, India.
Bharat Forge Dividend Announcement
• Bharat Forge announced a semi annually dividend of ₹6.50 per ordinary share which will be made payable on 2024-09-08. Ex dividend date: 2024-07-05
• Bharat Forge annual dividend for 2024 was ₹9.00
• Bharat Forge annual dividend for 2023 was ₹5.50
• Bharat Forge's trailing twelve-month (TTM) dividend yield is 0.67%
• Bharat Forge's dividend growth over the last five years (2018-2023) was 1.92% year
• Bharat Forge's dividend growth over the last ten years (2013-2023) was 4.93% year
Bharat Forge Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-05 | ₹6.50 | semi annually | 2024-09-08 |
2024-02-23 | ₹2.50 | semi annually | |
2023-07-07 | ₹5.50 | semi annually | 2023-09-09 |
2022-11-24 | ₹1.50 | semi annually | 2022-12-13 |
2022-07-14 | ₹5.50 | semi annually | 2022-09-11 |
2021-11-25 | ₹1.50 | semi annually | 2021-12-09 |
2021-07-15 | ₹2.00 | semi annually | 2021-09-12 |
2020-03-03 | ₹2.00 | semi annually | 2020-03-20 |
2019-11-20 | ₹1.50 | semi annually | 2019-12-05 |
2019-08-01 | ₹2.50 | semi annually | 2019-08-19 |
2018-11-15 | ₹2.50 | semi annually | 2018-11-30 |
2018-07-27 | ₹2.50 | semi annually | 2018-08-14 |
2017-11-16 | ₹2.00 | semi annually | 2017-11-30 |
2017-07-28 | ₹5.00 | semi annually | 2017-08-16 |
2017-02-16 | ₹2.50 | semi annually | 2017-02-28 |
2016-07-25 | ₹0.50 | semi annually | 2016-08-20 |
2016-03-18 | ₹4.00 | semi annually | 2016-03-31 |
2016-02-17 | ₹3.00 | semi annually | 2016-02-29 |
2015-07-20 | ₹4.50 | semi annually | 2015-08-21 |
2015-02-11 | ₹3.00 | semi annually | |
2014-08-21 | ₹2.50 | semi annually | 2014-10-04 |
2014-02-13 | ₹2.00 | semi annually | 2014-02-28 |
2013-08-01 | ₹2.40 | semi annually | |
2013-03-07 | ₹1.00 | semi annually | 2013-03-27 |
Bharat Forge Dividend per year
Bharat Forge Dividend growth
Bharat Forge Dividend Yield
Bharat Forge current trailing twelve-month (TTM) dividend yield is 0.67%. Interested in purchasing Bharat Forge stock? Use our calculator to estimate your expected dividend yield:
Bharat Forge Financial Ratios
Bharat Forge Dividend FAQ
Other factors to consider when evaluating Bharat Forge 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 Forge'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 Forge 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 Forge 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 Forge 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 Forge 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 Forge 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 Forge 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 Forge'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 Forge'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.