Competent Automobiles Co. Ltd. engages in trading and servicing of vehicles. It operates through the Showroom and Services and Spares segments. The Showroom segment deals with purchase and sale of vehicles manufactured by Maruti Suzuki India Ltd. The Service and Spares segment includes servicing of Maruti vehicles and sale of its spare parts. The company was founded by Raj Chopra on April 11, 1985 and is headquartered in New Delhi, India.
Competent Automobiles Dividend Announcement
• Competent Automobiles announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-28. Ex dividend date: 2024-09-19 • Competent Automobiles annual dividend for 2024 was ₹1.00 • Competent Automobiles annual dividend for 2023 was ₹1.00 • Competent Automobiles's trailing twelve-month (TTM) dividend yield is 0.2%
Competent Automobiles current trailing twelve-month (TTM) dividend yield is 0.2%. Interested in purchasing Competent Automobiles stock? Use our calculator to estimate your expected dividend yield:
Competent Automobiles Financial Ratios
P/E ratio11.62
PEG ratio9.32
P/B ratio0.88
ROE10.46%
Payout ratio0.00%
Current ratio1.19
Quick ratio0.52
Cash Ratio0.02
Competent Automobiles Dividend FAQ
How much is the next Competent Automobiles dividend?
Competent Automobiles's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Competent Automobiles dividend. The next Competent Automobiles dividend will be released in August.
When is Competent Automobiles dividend paid?
Competent Automobiles pays dividends on a annually basis. The specific dates may vary each year but are generally around August. 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 Competent Automobiles pay?
The specific amount of Competent Automobiles 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 Competent Automobiles's dividend history.
Does Competent Automobiles stock pay dividends?
Yes, Competent Automobiles 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 Competent Automobiles's dividend history.
How much dividend does Competent Automobiles pay?
Competent Automobiles paid ₹1 in 2024, ₹1 in 2023, ₹1 in 2022, ₹1 in 2021, and ₹1 in 2020.
How often does Competent Automobiles pay dividends?
Competent Automobiles typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around August.
What is Competent Automobiles's dividend yield?
The current dividend yield for Competent Automobiles is 0.2%. 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 Competent Automobiles's exact dividend yield.
When does Competent Automobiles go ex dividend?
Competent Automobiles's ex-dividend date for the latest dividend was on 2024-09-19. Competent Automobiles 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 Competent Automobiles dividend paid?
Competent Automobiles pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Competent Automobiles 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 Competent Automobiles 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 Competent Automobiles dividend per share?
Competent Automobiles paid ₹1 per share in 2024 and ₹1 per share in 2023. The amount of dividend per share that Competent Automobiles 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 Competent Automobiles 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 Competent Automobiles 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 Competent Automobiles a dividend stock?
Yes, Competent Automobiles is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Competent Automobiles a good dividend stock?
Whether Competent Automobiles is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Competent Automobiles has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Competent Automobiles 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 Competent Automobiles pay dividends monthly?
Competent Automobiles typically pays dividends on a annually basis.
Does Competent Automobiles pay dividends quarterly?
Competent Automobiles currently pays dividends on a annually basis.
Has Competent Automobiles ever paid a dividend?
Yes, Competent Automobiles has a history of paying dividends to its shareholders. Competent Automobiles is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Competent Automobiles dividend stocks?
To buy Competent Automobiles 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 Competent Automobiles 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 Competent Automobiles pay dividends 2024?
Competent Automobiles pays dividends on a annually basis. 2024 dividend payments are in 2024-10-28. 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 Competent Automobiles increase its dividend in 2024?
Decisions regarding Competent Automobiles 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 Competent Automobiles dividend overview you can look into the above table of dividend history.
How Competent Automobiles dividend works?
The Competent Automobiles 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 Competent Automobiles's dividend process works:
1. Determination of Dividend: Competent Automobiles'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, Competent Automobiles 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, Competent Automobiles 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 Competent Automobiles 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 Competent Automobiles dividends paid?
Competent Automobiles dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Competent Automobiles 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, Competent Automobiles distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Competent Automobiles 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 Competent Automobiles pay dividends?
Competent Automobiles typically pays dividends on a 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 Competent Automobiles pay dividends?
The general pattern is that Competent Automobiles pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Competent Automobiles dividend safe?
The safety of Competent Automobiles'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 Competent Automobiles'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 Competent Automobiles'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.