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Carborundum Universal Limited, together with its subsidiaries, manufactures and sells abrasives, ceramics, and electro minerals in India and internationally. The company operates through three segments: Surface Engineering, Technical Ceramics and Super Refractory Solutions, and Electrominerals. It offers bonded and coated abrasives, processed cloth products, polymers, power tools, and coolants; and electro minerals, including fused alumina, silicon carbide, fused zirconia, aluminum zirconia, pearl zirconia, and zircon mullite. The company also provides industrial ceramics, anti-corrosion products, and bio ceramics, which harness the heat resistance/containment, wear resistance, and insulation properties of ceramics, as well as corrosion resistance properties of various materials. In addition, it manufactures super refractories; operates gas-based power generation facility; and provides IT infrastructure facility management, software application development, remote infrastructure management, and IT security management services. The company was incorporated in 1954 and is based in Chennai, India.

Carborundum Universal Dividend Announcement

Carborundum Universal announced a semi annually dividend of ₹2.50 per ordinary share which will be made payable on 2024-08-21. Ex dividend date: 2024-07-22
Carborundum Universal annual dividend for 2024 was ₹4.00
Carborundum Universal annual dividend for 2023 was ₹3.50
Carborundum Universal's trailing twelve-month (TTM) dividend yield is 0.29%
Carborundum Universal's dividend growth over the last five years (2018-2023) was 9.24% year
Carborundum Universal's dividend growth over the last ten years (2013-2023) was 10.84% year

Carborundum Universal Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-22₹2.50semi annually2024-08-21
2024-02-12₹1.50semi annually2024-02-28
2023-07-25₹2.00semi annually2023-08-24
2023-02-10₹1.50semi annually2023-03-02
2022-07-21₹2.00semi annually2022-08-25
2022-02-21₹1.50semi annually2022-03-12
2021-07-22₹1.50semi annually2021-08-24
2021-02-11₹1.50semi annually2021-02-26
2020-03-04₹2.75semi annually2020-03-11
2019-07-22₹1.25semi annually2019-08-08
2019-02-12₹1.50semi annually2019-02-18
2018-07-25₹1.25semi annually2018-08-10
2018-02-23₹1.00semi annually2018-03-05
2017-07-20₹0.75semi annually2017-08-07
2017-02-14₹1.00semi annually2017-02-24
2016-03-17₹0.50semi annually2016-03-28
2016-02-16₹1.00semi annually2016-03-06
2015-07-21₹0.50semi annually2015-08-07
2015-02-09₹0.75semi annually2015-02-21
2014-07-17₹0.50semi annually2014-08-05
2014-02-11₹0.75semi annually2014-02-20
2013-07-17₹0.75semi annually2013-08-03
2013-02-14₹0.50semi annually2013-02-25

Carborundum Universal Dividend per year

Carborundum Universal Dividend growth

Carborundum Universal Dividend Yield

Carborundum Universal current trailing twelve-month (TTM) dividend yield is 0.29%. Interested in purchasing Carborundum Universal stock? Use our calculator to estimate your expected dividend yield:

Carborundum Universal Financial Ratios

P/E ratio54.73
PEG ratio-5.83
P/B ratio7.79
ROE14.95%
Payout ratio0.00%
Current ratio3.28
Quick ratio1.90
Cash Ratio0.54

Carborundum Universal Dividend FAQ

How much is the next Carborundum Universal dividend?
Carborundum Universal's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Carborundum Universal dividend. The next Carborundum Universal dividend will be released in February, or July.
When is Carborundum Universal dividend paid?
Carborundum Universal pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Carborundum Universal pay?
The specific amount of Carborundum Universal dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Carborundum Universal's dividend history.
Does Carborundum Universal stock pay dividends?
Yes, Carborundum Universal does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Carborundum Universal's dividend history.
How much dividend does Carborundum Universal pay?
Carborundum Universal paid ₹4.0 in 2024, ₹3.5 in 2023, ₹3.5 in 2022, ₹3.0 in 2021, and ₹2.75 in 2020.
How often does Carborundum Universal pay dividends?
Carborundum Universal typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around February, and July.
What is Carborundum Universal's dividend yield?
The current dividend yield for Carborundum Universal is 0.29%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Carborundum Universal's exact dividend yield.
When does Carborundum Universal go ex dividend?
Carborundum Universal's ex-dividend date for the latest dividend was on 2024-07-22. Carborundum Universal typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Carborundum Universal dividend paid?
Carborundum Universal pays dividends on a semi annually basis, typically around February, or July, but the exact dates can vary each year.
Will Carborundum Universal increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Carborundum Universal will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Carborundum Universal dividend per share?
Carborundum Universal paid ₹4.0 per share in 2024 and ₹3.5 per share in 2023. The amount of dividend per share that Carborundum Universal pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Carborundum Universal a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Carborundum Universal a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Carborundum Universal a dividend stock?
Yes, Carborundum Universal is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Carborundum Universal a good dividend stock?
Whether Carborundum Universal is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Carborundum Universal has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Carborundum Universal 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.
Does Carborundum Universal pay dividends monthly?
Carborundum Universal typically pays dividends on a semi annually basis.
Does Carborundum Universal pay dividends quarterly?
Carborundum Universal currently pays dividends on a semi annually basis.
Has Carborundum Universal ever paid a dividend?
Yes, Carborundum Universal has a history of paying dividends to its shareholders. Carborundum Universal is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Carborundum Universal dividend stocks?
To buy Carborundum Universal you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Carborundum Universal 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.
When does Carborundum Universal pay dividends 2024?
Carborundum Universal pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-21. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Carborundum Universal increase its dividend in 2024?
Decisions regarding Carborundum Universal dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Carborundum Universal dividend overview you can look into the above table of dividend history.
How Carborundum Universal dividend works?
The Carborundum Universal dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Carborundum Universal's dividend process works:

1. Determination of Dividend: Carborundum Universal'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, Carborundum Universal 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, Carborundum Universal 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 Carborundum Universal 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.
How are Carborundum Universal dividends paid?
Carborundum Universal dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Carborundum Universal 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, Carborundum Universal distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Carborundum Universal 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.
How many times does Carborundum Universal pay dividends?
Carborundum Universal typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Carborundum Universal pay dividends?
The general pattern is that Carborundum Universal pays dividends around February, and July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Carborundum Universal dividend safe?
The safety of Carborundum Universal's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Carborundum Universal'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 Carborundum Universal'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.