Crompton Greaves Consumer Electricals Limited manufactures and markets consumer electrical products in India. The company operates in two segments, Electrical Consumer Durables and Lighting Products. It offers fans, including ceiling, table, pedestal, wall-mounted, ventilating, kitchen tower, heavy-duty exhaust, and industrial fans, as well as air circulators; pumps comprising residential, agricultural, solar, and specialty pumps; and appliances, such as water heaters, air coolers, mixer grinders, irons, and small kitchen appliances. The company also provides lighting products comprising LED lamps, LED battens, LED panels, LED streetlights and floodlights, high mast/streetlighting poles, interior and architectural lighting, high intensity discharge lamps, incandescent lamps, compact fluorescent lamps, and fluorescent tubular lights. In addition, it designs, manufactures, tests, and supplies LED street lights and poles. The company also markets its products in Nepal, Sri Lanka, Singapore, Fiji, the United Arab Emirates, Oman, Saudi Arabia, Bahrain, Iraq, Kuwait, Qatar, South Africa, Kenya, Ghana, Equatorial Guinea, Uganda, Italy, Chile, Bangladesh, Senegal, and Yemen. Crompton Greaves Consumer Electricals Limited was incorporated in 2015 and is based in Mumbai, India.
Crompton Greaves Consumer Electricals Dividend Announcement
• Crompton Greaves Consumer Electricals announced a annually dividend of ₹3.00 per ordinary share which will be made payable on 2024-08-25. Ex dividend date: 2024-07-10
• Crompton Greaves Consumer Electricals annual dividend for 2024 was ₹3.00
• Crompton Greaves Consumer Electricals annual dividend for 2023 was ₹3.00
• Crompton Greaves Consumer Electricals's trailing twelve-month (TTM) dividend yield is 0.72%
• Crompton Greaves Consumer Electricals's dividend growth over the last five years (2018-2023) was 11.38% year
Crompton Greaves Consumer Electricals Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-10 | ₹3.00 | annually | 2024-08-25 |
2023-07-06 | ₹3.00 | annually | 2023-08-21 |
2022-07-07 | ₹2.50 | annually | 2022-08-21 |
2021-07-08 | ₹2.50 | annually | 2021-08-22 |
2020-11-03 | ₹3.00 | annually | 2020-11-21 |
2019-07-18 | ₹2.00 | annually | 2019-08-23 |
2018-07-19 | ₹1.75 | annually | 2018-08-24 |
2017-07-20 | ₹1.50 | annually | 2017-08-26 |
Crompton Greaves Consumer Electricals Dividend per year
Crompton Greaves Consumer Electricals Dividend growth
Crompton Greaves Consumer Electricals Dividend Yield
Crompton Greaves Consumer Electricals current trailing twelve-month (TTM) dividend yield is 0.72%. Interested in purchasing Crompton Greaves Consumer Electricals stock? Use our calculator to estimate your expected dividend yield:
Crompton Greaves Consumer Electricals Financial Ratios
Crompton Greaves Consumer Electricals Dividend FAQ
Other factors to consider when evaluating Crompton Greaves Consumer Electricals 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: Crompton Greaves Consumer Electricals'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, Crompton Greaves Consumer Electricals 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, Crompton Greaves Consumer Electricals 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 Crompton Greaves Consumer Electricals 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: Crompton Greaves Consumer Electricals 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, Crompton Greaves Consumer Electricals distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Crompton Greaves Consumer Electricals 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 Crompton Greaves Consumer Electricals'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 Crompton Greaves Consumer Electricals'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.