Container Corporation of India Limited engages in handling, transportation, and warehousing activities in India. It operates through two segments, EXIM and Domestic. The company provides inland transport by rail for containers; manages ports and air cargo complexes; engages in the cold-chain business for fruits and vegetables; and develops multimodal logistics support for containerization and trade. It also offers road transportation services for door-to-door services; operates logistics facilities, including dry ports, container freight stations, and private freight terminals; and develops freight terminals comprising railway goods sheds, and intermodal and multimodal logistics parks. In addition, the company provides value added services, such as transit warehousing for import and export cargo; bonded warehousing; less than container load (LCL); and air cargo clearance using bonded trucking. As of March 31, 2021, it had 37,886 owned and leased containers; 111 reach stackers; 14 gantry cranes; and 15,656 wagons. The company also operates 60 terminals, including 6 EXIM terminals, 34 combined container terminals, and 17 domestic terminals. Container Corporation of India Limited was incorporated in 1988 and is based in New Delhi, India.
Container of India Dividend Announcement
• Container of India announced a quarterly dividend of ₹3.25 per ordinary share which will be made payable on 2024-11-28. Ex dividend date: 2024-11-14
• Container of India annual dividend for 2024 was ₹11.75
• Container of India annual dividend for 2023 was ₹11.00
• Container of India's trailing twelve-month (TTM) dividend yield is 1.39%
• Container of India's dividend growth over the last five years (2018-2023) was -3.80% year
• Container of India's dividend growth over the last ten years (2013-2023) was -4.54% year
Container of India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-14 | ₹3.25 | quarterly | 2024-11-28 |
2024-09-17 | ₹2.50 | quarterly | 2024-10-04 |
2024-08-16 | ₹2.00 | quarterly | 2024-09-07 |
2024-02-07 | ₹4.00 | quarterly | 2024-02-23 |
2023-11-16 | ₹3.00 | quarterly | 2023-12-02 |
2023-09-18 | ₹2.00 | quarterly | 2023-10-26 |
2023-08-18 | ₹2.00 | quarterly | 2023-09-09 |
2023-02-06 | ₹4.00 | quarterly | 2023-02-22 |
2022-11-22 | ₹3.00 | quarterly | 2022-12-10 |
2022-09-20 | ₹3.00 | quarterly | 2022-10-03 |
2022-08-17 | ₹2.00 | quarterly | 2022-09-03 |
2022-02-02 | ₹2.00 | quarterly | 2022-02-19 |
2021-11-02 | ₹4.00 | quarterly | 2021-11-20 |
2021-09-21 | ₹2.00 | quarterly | 2021-10-29 |
2020-11-18 | ₹3.00 | quarterly | 2020-12-05 |
2020-09-21 | ₹2.85 | quarterly | 2020-10-29 |
2020-02-18 | ₹0.75 | quarterly | 2020-03-08 |
2019-08-19 | ₹8.55 | quarterly | 2019-09-26 |
2018-09-11 | ₹3.75 | quarterly | 2018-10-18 |
2018-02-06 | ₹9.60 | quarterly | 2018-02-23 |
2017-09-12 | ₹7.50 | quarterly | 2017-10-20 |
2017-02-22 | ₹9.60 | quarterly | 2017-03-15 |
2016-09-02 | ₹5.50 | quarterly | 2016-10-13 |
2016-02-05 | ₹8.00 | quarterly | 2016-02-24 |
2015-08-27 | ₹5.40 | quarterly | 2015-10-04 |
2015-02-24 | ₹8.00 | quarterly | 2015-03-13 |
2014-08-27 | ₹5.30 | quarterly | 2014-10-03 |
2014-02-13 | ₹7.00 | quarterly | 2014-03-02 |
2013-08-01 | ₹9.50 | quarterly | |
2013-02-11 | ₹8.00 | quarterly | 2013-02-28 |
Container of India Dividend per year
Container of India Dividend growth
Container of India Dividend Yield
Container of India current trailing twelve-month (TTM) dividend yield is 1.39%. Interested in purchasing Container of India stock? Use our calculator to estimate your expected dividend yield:
Container of India Financial Ratios
Container of India Dividend FAQ
Other factors to consider when evaluating Container of India 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: Container of India'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, Container of India 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, Container of India 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 Container of India 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: Container of India 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, Container of India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Container of India 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 Container of India'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 Container of India'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.