Centum Electronics Limited designs, manufactures, and sells electronic products in India, the United Kingdom, rest of Europe, North America, and internationally. The company offers embedded computers and power converters, test tools, LRU and data recorders, and satellite bus systems for the aerospace and space industries. It also provides onboard computer systems, receiver and seeker electronics, transmit receive modules, high power RF amplifiers, vibration hardened oscillators, power converters and systems, digital receivers, digital sequencer and payload controllers, power conditioning and processing units, and radar finger printing systems for the defense industry. In addition, the company offers base station equipment and RF filters for the communication industry; and industrial equipment diagnosis and circuit breaker control systems, solar energy power cabinets, and HIL test simulator turbo alternator regulation products for the industrial and energy sectors. Further, it provides medical devices and equipment that include digital radiography systems, automated pumps for drug injection, ultrasound equipment, patient monitoring devices, customized room controls for operation theaters, and others; and railway automation system gateways, railway embedded controllers and computer boards, and railway energy storage systems and modules, as well as specialist engineering and manufacturing services for the transportation sector. Additionally, the company offers assisted car navigation-passive rollover avoidance systems, automatic telematics modules, automotive flexray demonstrators, automotive elec boards for solar roofs, and power steering encoder acquisition systems for the automotive industry. Centum Electronics Limited was incorporated in 1993 and is headquartered in Bengaluru, India.
Centum Electronics Dividend Announcement
• Centum Electronics announced a semi annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-09-08. Ex dividend date: 2024-07-31
• Centum Electronics annual dividend for 2024 was ₹6.00
• Centum Electronics annual dividend for 2023 was ₹4.00
• Centum Electronics's trailing twelve-month (TTM) dividend yield is 0.37%
• Centum Electronics's dividend growth over the last five years (2018-2023) was 31.95% year
Centum Electronics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-31 | ₹3.00 | semi annually | 2024-09-08 |
2024-02-20 | ₹3.00 | semi annually | 2024-03-07 |
2023-08-01 | ₹4.00 | semi annually | 2023-09-05 |
2022-08-02 | ₹2.50 | semi annually | 2022-09-11 |
2021-08-02 | ₹2.00 | semi annually | 2021-09-06 |
2021-02-18 | ₹2.00 | semi annually | 2021-03-08 |
2020-09-03 | ₹2.50 | semi annually | 2020-10-15 |
2019-08-01 | ₹4.00 | semi annually | 2019-09-10 |
2019-02-14 | ₹1.00 | semi annually | 2019-03-06 |
2018-02-22 | ₹1.00 | semi annually | 2018-02-27 |
2017-06-29 | ₹3.00 | semi annually | 2017-07-21 |
2017-02-22 | ₹2.00 | semi annually | 2017-02-27 |
2016-04-06 | ₹2.00 | semi annually | 2016-07-01 |
2016-02-17 | ₹1.00 | semi annually | 2016-03-03 |
2015-08-03 | ₹2.00 | semi annually | 2015-09-02 |
2015-02-12 | ₹1.00 | semi annually | 2015-02-26 |
2014-07-18 | ₹1.50 | semi annually | 2014-08-21 |
2014-02-06 | ₹1.00 | semi annually | 2014-02-25 |
2012-07-26 | ₹1.00 | semi annually | 2012-08-29 |
Centum Electronics Dividend per year
Centum Electronics Dividend growth
Centum Electronics Dividend Yield
Centum Electronics current trailing twelve-month (TTM) dividend yield is 0.37%. Interested in purchasing Centum Electronics stock? Use our calculator to estimate your expected dividend yield:
Centum Electronics Financial Ratios
Centum Electronics Dividend FAQ
Other factors to consider when evaluating Centum Electronics 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: Centum Electronics'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, Centum Electronics 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, Centum Electronics 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 Centum Electronics 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: Centum Electronics 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, Centum Electronics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Centum Electronics 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 Centum Electronics'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 Centum Electronics'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.