Blue Star Limited operates as a central air conditioning and commercial refrigeration company in India. The company operates through three segments: Electro-Mechanical Projects and Commercial Air Conditioning Systems, Unitary Products, and Professional Electronics and Industrial Systems. The Electro-Mechanical Projects and Commercial Air Conditioning Systems segment designs, manufactures, installs, commissions, and maintains central air conditioning plants, packaged/ducted systems, and variable refrigerant flow systems; and provides contracting services in electrification, plumbing, and fire-fighting, as well as after-sales services, such as revamp, retrofit, and upgrade services. The Unitary Products segment offers room air conditioners for residential and commercial applications, water purifiers, air purifiers, and air coolers; and manufactures and markets a range of commercial refrigeration products and cold chain equipment. The Professional Electronics and Industrial Systems segment trades in and services testing machines, medical, analytical, test and measuring, data communications, and industrial products and systems. The company operates approximately 7,000 stores. It also exports its products to 18 countries in the Middle East, African, SAARC, and ASEAN regions. Blue Star Limited was founded in 1943 and is headquartered in Mumbai, India.
Blue Star Dividend Announcement
• Blue Star announced a annually dividend of ₹7.00 per ordinary share which will be made payable on 2024-09-05. Ex dividend date: 2024-07-19
• Blue Star annual dividend for 2024 was ₹7.00
• Blue Star annual dividend for 2023 was ₹6.00
• Blue Star's trailing twelve-month (TTM) dividend yield is 0.34%
• Blue Star's dividend growth over the last five years (2018-2023) was 31.95% year
• Blue Star's dividend growth over the last ten years (2013-2023) was 19.62% year
Blue Star Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-19 | ₹7.00 | annually | 2024-09-05 |
2023-07-21 | ₹6.00 | annually | 2023-09-02 |
2022-07-21 | ₹10.00 | annually | 2022-09-03 |
2021-07-22 | ₹4.00 | annually | 2021-09-03 |
2020-03-19 | ₹10.00 | annually | 2020-04-11 |
2019-08-01 | ₹10.00 | annually | 2019-09-12 |
2018-07-26 | ₹1.50 | annually | 2018-09-07 |
2017-07-26 | ₹7.50 | annually | 2017-09-10 |
2016-03-22 | ₹6.50 | annually | 2016-08-31 |
2015-07-10 | ₹5.00 | annually | 2015-08-27 |
2014-07-10 | ₹4.00 | annually | 2014-08-27 |
2013-07-05 | ₹1.00 | annually | 2013-07-26 |
Blue Star Dividend per year
Blue Star Dividend growth
Blue Star Dividend Yield
Blue Star current trailing twelve-month (TTM) dividend yield is 0.34%. Interested in purchasing Blue Star stock? Use our calculator to estimate your expected dividend yield:
Blue Star Financial Ratios
Blue Star Dividend FAQ
Other factors to consider when evaluating Blue Star 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: Blue Star'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, Blue Star 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, Blue Star 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 Blue Star 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: Blue Star 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, Blue Star distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Blue Star 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 Blue Star'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 Blue Star'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.