Bharat Gears Limited manufactures and supplies automotive gears in India, the United States, Mexico, Spain, and internationally. The company operates through Gears, Automotive Components, and Furnaces segments. It offers gear products, such as ring gears and pinions, transmission gears and shafts, differential gears, and gear boxes; and heat treatment furnaces and equipment, such as endothermic gas generators, rotary hearth atmosphere hardening, conveyor and pusher type furnace lines, sealed quench furnace lines, and pusher continuous gas carburising furnaces for utility vehicles, tractors, and off highway vehicles, as well as heavy, medium, and light trucks. The company also provides automotive components, including crown wheel pinions, transmission gears, straight bevel parts, steering components, fly wheel assemblies and rings, axle shafts, ceramic buttons, cover assemblies, lever and spring kits, clutch components, differential cages, propeller shaft components, crankshafts, turbo charger kits, and turbos charger core and rotor products. It serves original equipment manufacturers. Bharat Gears Limited was incorporated in 1971 and is based in Mumbai, India.
Bharat Gears Dividend Announcement
• Bharat Gears announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2019-09-05. Ex dividend date: 2019-07-29
• Bharat Gears's trailing twelve-month (TTM) dividend yield is -%
Bharat Gears Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2019-07-29 | ₹1.00 | annually | 2019-09-05 |
2014-07-24 | ₹1.00 | annually | 2014-08-29 |
2013-07-25 | ₹1.80 | annually | 2013-08-27 |
2012-07-18 | ₹1.80 | annually | 2012-08-24 |
2011-07-19 | ₹1.50 | annually | 2011-08-24 |
2010-07-26 | ₹1.20 | annually | 2010-07-29 |
2009-07-21 | ₹1.00 | annually | 2009-08-01 |
2008-07-21 | ₹1.00 | annually | 2008-09-01 |
Bharat Gears Dividend per year
Bharat Gears Dividend growth
Bharat Gears Dividend Yield
Bharat Gears current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Bharat Gears stock? Use our calculator to estimate your expected dividend yield:
Bharat Gears Financial Ratios
Bharat Gears Dividend FAQ
Other factors to consider when evaluating Bharat Gears 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 Gears'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 Gears 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 Gears 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 Gears 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 Gears 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 Gears 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 Gears 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 Gears'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 Gears'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.