Creative Castings Ltd. manufactures, sells, and exports machined and unmachined investment castings in India. The firm operates in two segments, Investment Casting and Power. The company manufactures ferrous castings comprising stainless steel castings of various grades and carbon steel; and non-ferrous castings, including cobalt and nickel base alloy castings. Its products are used in a range of industries, such as pumps and valve industries, oil and refineries, general engineering, electrical engineering, fire control equipment, medical implants, agricultural machineries, defense industries, etc. In addition, it generates power from wind energy. It also supplies its products in the United States, the United Kingdom, Italy, Germany, Hungary, and France. The company was founded by Dhirubhai Haribhai Dand in 1980 and is headquartered in Junagadh, India.
Creative Castings Dividend Announcement
• Creative Castings announced a annually dividend of ₹10.00 per ordinary share which will be made payable on 2024-10-28. Ex dividend date: 2024-09-20
• Creative Castings annual dividend for 2024 was ₹10.00
• Creative Castings annual dividend for 2023 was ₹10.00
• Creative Castings's trailing twelve-month (TTM) dividend yield is 1.3%
Creative Castings Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-20 | ₹10.00 | annually | 2024-10-28 |
2023-09-15 | ₹10.00 | annually | 2023-10-23 |
2022-09-19 | ₹10.00 | annually | 2022-10-26 |
2021-09-08 | ₹10.00 | annually | 2021-10-18 |
2020-09-17 | ₹10.00 | annually | 2020-10-26 |
2019-07-17 | ₹10.00 | annually | 2019-08-24 |
2018-09-12 | ₹10.00 | annually | 2018-10-24 |
2017-02-14 | ₹10.00 | annually | 2017-03-06 |
2016-08-25 | ₹3.00 | annually |
Creative Castings Dividend per year
Creative Castings Dividend growth
Creative Castings Dividend Yield
Creative Castings current trailing twelve-month (TTM) dividend yield is 1.3%. Interested in purchasing Creative Castings stock? Use our calculator to estimate your expected dividend yield:
Creative Castings Financial Ratios
Creative Castings Dividend FAQ
Other factors to consider when evaluating Creative Castings 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.
Place an order: Use the brokerage's trading platform to place an order to buy Creative Castings 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.
1. Determination of Dividend: Creative Castings'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, Creative Castings 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, Creative Castings 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 Creative Castings 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: Creative Castings 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, Creative Castings distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Creative Castings 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 Creative Castings'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 Creative Castings'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.