Ceinsys Tech Ltd. operates as an information technology enabled service company, which provides geographic information systems and engineering services. It operates through the following segments: Enterprise Geospatial and Engineering Services, Software Products, and Power Generation. The Enterprise Geospatial and Engineering Services segment is involved in the geospatial solution for cadastral mapping, resource survey, mapping and analysis, mining applications and heritage mapping, hydraulic modelling, water metering solutions, municipal solutions, consultancy services for the DPR preparations for water supply scheme, and road and highways using LiDAR technology. The Software Products segment includes the sale of standard software products of autodesk, bentley, ESRI, digital globe, schneider, siemens, ansys, and intergraph. The Power Generation segment aims to create renewable energy. The company was founded on May 5, 1998 and is headquartered in Mumbai, India.
Ceinsys Tech Dividend Announcement
• Ceinsys Tech announced a annually dividend of ₹2.50 per ordinary share which will be made payable on 2024-10-20. Ex dividend date: 2024-09-13
• Ceinsys Tech annual dividend for 2024 was ₹2.50
• Ceinsys Tech annual dividend for 2023 was ₹2.00
• Ceinsys Tech's trailing twelve-month (TTM) dividend yield is 0.2%
• Ceinsys Tech's dividend growth over the last five years (2018-2023) was 9.86% year
Ceinsys Tech Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | ₹2.50 | annually | 2024-10-20 |
2023-09-08 | ₹2.00 | annually | 2023-10-16 |
2022-09-22 | ₹2.25 | annually | 2022-10-30 |
2021-09-22 | ₹2.25 | annually | 2021-10-30 |
2020-09-22 | ₹2.50 | annually | 2020-10-30 |
2019-09-12 | ₹2.25 | annually | 2019-10-20 |
2018-09-19 | ₹1.25 | annually | 2018-10-29 |
2017-09-19 | ₹1.25 | annually | 2017-10-26 |
2016-09-22 | ₹1.00 | annually | |
2015-09-18 | ₹0.75 | annually |
Ceinsys Tech Dividend per year
Ceinsys Tech Dividend growth
Ceinsys Tech Dividend Yield
Ceinsys Tech current trailing twelve-month (TTM) dividend yield is 0.2%. Interested in purchasing Ceinsys Tech stock? Use our calculator to estimate your expected dividend yield:
Ceinsys Tech Financial Ratios
Ceinsys Tech Dividend FAQ
Other factors to consider when evaluating Ceinsys Tech 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: Ceinsys Tech'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, Ceinsys Tech 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, Ceinsys Tech 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 Ceinsys Tech 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: Ceinsys Tech 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, Ceinsys Tech distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ceinsys Tech 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 Ceinsys Tech'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 Ceinsys Tech'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.