Bright Brothers Ltd. engages in the manufacture of consumer durable and plastic products. It specializes in household containers for residential and commercial purposes under the Brite brand for material handling crates. It operates through the India and Rest of World geographical segments. The firm's products include crates, bins and containers, toothbrush handles, containers for automotive parts and systems, pallets, tool and die making, and painting. The company was founded by T. W. Bhojwani on July 11, 1947 and is headquartered in Thane, India.
Bright Brothers Dividend Announcement
• Bright Brothers announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-27. Ex dividend date: 2024-09-20
• Bright Brothers annual dividend for 2024 was ₹1.00
• Bright Brothers annual dividend for 2023 was ₹1.00
• Bright Brothers's trailing twelve-month (TTM) dividend yield is 0.27%
• Bright Brothers's dividend growth over the last five years (2018-2023) was -12.94% year
• Bright Brothers's dividend growth over the last ten years (2013-2023) was -6.70% year
Bright Brothers Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-20 | ₹1.00 | annually | 2024-10-27 |
2023-09-08 | ₹1.00 | annually | 2023-10-15 |
2022-08-12 | ₹5.00 | annually | 2022-09-23 |
2021-09-17 | ₹2.50 | annually | 2021-10-27 |
2020-03-17 | ₹2.00 | annually | 2020-04-08 |
2019-08-05 | ₹2.00 | annually | 2019-08-13 |
2018-09-12 | ₹2.00 | annually | 2018-10-22 |
2017-08-02 | ₹2.00 | annually | 2017-09-09 |
2016-07-26 | ₹2.00 | annually | |
2015-09-08 | ₹2.00 | annually | |
2014-08-26 | ₹2.00 | annually | |
2013-08-01 | ₹2.00 | annually |
Bright Brothers Dividend per year
Bright Brothers Dividend growth
Bright Brothers Dividend Yield
Bright Brothers current trailing twelve-month (TTM) dividend yield is 0.27%. Interested in purchasing Bright Brothers stock? Use our calculator to estimate your expected dividend yield:
Bright Brothers Financial Ratios
Bright Brothers Dividend FAQ
Other factors to consider when evaluating Bright Brothers 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.
Place an order: Use the brokerage's trading platform to place an order to buy Bright Brothers 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.
1. Determination of Dividend: Bright Brothers'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, Bright Brothers 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, Bright Brothers 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 Bright Brothers 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: Bright Brothers 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, Bright Brothers distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Bright Brothers 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 Bright Brothers'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 Bright Brothers'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.