Dynamatic Technologies Limited manufactures and sells engineered products to the aerospace, automotive, and hydraulic industries in India, the United States, Canada, the United Kingdom, rest of Europe, and internationally. The company offers hydraulic gear pumps, torque motors, hand pumps, hitch control valves, rock shaft assemblies, lube and water pumps, mobile control valves, orbitrols, and hydraulic solutions. It also provides control surfaces, such as wing, ailerons and wing flaps, and fuselages; other airframe structures, including flap track beams; and high precision airframe and aerospace components. In addition, the company offers cutting edge security products and technologies, such as unmanned aerial vehicles, mobile surveillance vehicles, and integrated border management solutions. Further, it designs, manufactures, and supplies metallurgical ferrous castings for engine, brakes, transmission, and chassis applications; and operates laboratory. The company was formerly known as Dynamatic Hydraulics Limited and changed its name to Dynamatic Technologies Limited in 1992. Dynamatic Technologies Limited was incorporated in 1973 and is based in Bengaluru, India.
Dynamatic Technologies Dividend Announcement
• Dynamatic Technologies announced a quarterly dividend of ₹2.00 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-11-29
• Dynamatic Technologies annual dividend for 2024 was ₹12.00
• Dynamatic Technologies annual dividend for 2023 was ₹7.00
• Dynamatic Technologies's trailing twelve-month (TTM) dividend yield is 0.14%
Dynamatic Technologies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | ₹2.00 | quarterly | 2024-12-13 |
2024-08-02 | ₹5.00 | quarterly | 2024-10-05 |
2024-02-23 | ₹5.00 | quarterly | 2024-03-13 |
2023-06-09 | ₹7.00 | quarterly | 2023-10-22 |
2022-08-18 | ₹3.00 | quarterly | 2022-09-05 |
2018-08-23 | ₹2.00 | quarterly | 2018-09-08 |
2018-08-14 | ₹2.00 | quarterly | |
2012-09-18 | ₹2.00 | quarterly | 2012-10-27 |
2012-02-15 | ₹3.00 | quarterly | 2012-03-14 |
2011-11-17 | ₹3.00 | quarterly | 2011-12-14 |
2011-08-04 | ₹4.00 | quarterly | 2011-09-12 |
2011-02-14 | ₹3.00 | quarterly | 2011-03-09 |
2010-11-19 | ₹3.00 | quarterly | 2010-12-12 |
2010-09-13 | ₹3.00 | quarterly | 2010-10-21 |
2010-02-04 | ₹2.50 | quarterly | 2010-03-01 |
2009-11-05 | ₹2.00 | quarterly | 2009-12-01 |
2009-08-17 | ₹1.50 | quarterly | 2009-10-01 |
2009-05-06 | ₹2.50 | quarterly | 2009-06-01 |
2008-09-18 | ₹5.00 | quarterly | 2008-11-01 |
2008-01-28 | ₹2.50 | quarterly | 2008-03-01 |
Dynamatic Technologies Dividend per year
Dynamatic Technologies Dividend growth
Dynamatic Technologies Dividend Yield
Dynamatic Technologies current trailing twelve-month (TTM) dividend yield is 0.14%. Interested in purchasing Dynamatic Technologies stock? Use our calculator to estimate your expected dividend yield:
Dynamatic Technologies Financial Ratios
Dynamatic Technologies Dividend FAQ
Other factors to consider when evaluating Dynamatic Technologies 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: Dynamatic Technologies'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, Dynamatic Technologies 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, Dynamatic Technologies 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 Dynamatic Technologies 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: Dynamatic Technologies 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, Dynamatic Technologies distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Dynamatic Technologies 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 Dynamatic Technologies'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 Dynamatic Technologies'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.