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Eimco Elecon (India) Limited manufactures and sells equipment for mining and construction sector in India. It offers side dump loaders, load haul dumpers, coal haulers, roof bolters, shuttle cars, continuous miner package, universal drill machines, articulated wheel loaders, foundation equipment, low profile dump trucks, rocker shovel loaders, and underground transport systems, as well as piling rigs, air motors, and chair lift man riding systems. The company also exports its products to South East Asia and Africa. Eimco Elecon (India) Limited was incorporated in 1974 and is headquartered in Vallabh Vidyanagar, India.

Eimco Elecon Dividend Announcement

Eimco Elecon announced a annually dividend of ₹5.00 per ordinary share which will be made payable on 2024-07-25. Ex dividend date: 2024-06-14
Eimco Elecon annual dividend for 2024 was ₹5.00
Eimco Elecon annual dividend for 2023 was ₹5.00
Eimco Elecon's trailing twelve-month (TTM) dividend yield is 0.19%
Eimco Elecon's dividend growth over the last ten years (2013-2023) was 2.26% year

Eimco Elecon Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-14₹5.00annually2024-07-25
2023-06-16₹5.00annually2023-07-28
2022-06-16₹2.50annually2022-07-27
2021-07-22₹5.00annually2021-09-04
2020-07-31₹5.00annually2020-09-09
2019-07-17₹7.00annually2019-08-24
2018-07-23₹5.00annually2018-08-30
2017-07-25₹5.00annually2017-09-01
2016-07-15₹5.00annually
2015-08-03₹5.00annually2015-08-17
2014-07-25₹4.00annually2014-09-04
2013-07-18₹4.00annually2013-08-31

Eimco Elecon Dividend per year

Eimco Elecon Dividend growth

Eimco Elecon Dividend Yield

Eimco Elecon current trailing twelve-month (TTM) dividend yield is 0.19%. Interested in purchasing Eimco Elecon stock? Use our calculator to estimate your expected dividend yield:

Eimco Elecon Financial Ratios

P/E ratio30.15
PEG ratio1.15
P/B ratio3.68
ROE12.98%
Payout ratio0.00%
Current ratio4.03
Quick ratio2.35
Cash Ratio0.00

Eimco Elecon Dividend FAQ

How much is the next Eimco Elecon dividend?
Eimco Elecon's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Eimco Elecon dividend. The next Eimco Elecon dividend will be released in June.
When is Eimco Elecon dividend paid?
Eimco Elecon pays dividends on a annually basis. The specific dates may vary each year but are generally around June. 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 Eimco Elecon pay?
The specific amount of Eimco Elecon 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 Eimco Elecon's dividend history.
Does Eimco Elecon stock pay dividends?
Yes, Eimco Elecon 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 Eimco Elecon's dividend history.
How much dividend does Eimco Elecon pay?
Eimco Elecon paid ₹5.0 in 2024, ₹5.0 in 2023, ₹2.5 in 2022, ₹5.0 in 2021, and ₹5.0 in 2020.
How often does Eimco Elecon pay dividends?
Eimco Elecon 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 June.
What is Eimco Elecon's dividend yield?
The current dividend yield for Eimco Elecon is 0.19%. 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 Eimco Elecon's exact dividend yield.
When does Eimco Elecon go ex dividend?
Eimco Elecon's ex-dividend date for the latest dividend was on 2024-06-14. Eimco Elecon 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 Eimco Elecon dividend paid?
Eimco Elecon pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Eimco Elecon 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 Eimco Elecon 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 Eimco Elecon dividend per share?
Eimco Elecon paid ₹5.0 per share in 2024 and ₹5.0 per share in 2023. The amount of dividend per share that Eimco Elecon 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 Eimco Elecon 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 Eimco Elecon 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 Eimco Elecon a dividend stock?
Yes, Eimco Elecon is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Eimco Elecon a good dividend stock?
Whether Eimco Elecon is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Eimco Elecon has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Eimco Elecon 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 Eimco Elecon pay dividends monthly?
Eimco Elecon typically pays dividends on a annually basis.
Does Eimco Elecon pay dividends quarterly?
Eimco Elecon currently pays dividends on a annually basis.
Has Eimco Elecon ever paid a dividend?
Yes, Eimco Elecon has a history of paying dividends to its shareholders. Eimco Elecon is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Eimco Elecon dividend stocks?
To buy Eimco Elecon 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 Eimco Elecon 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 Eimco Elecon pay dividends 2024?
Eimco Elecon pays dividends on a annually basis. 2024 dividend payments are in 2024-07-25. 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 Eimco Elecon increase its dividend in 2024?
Decisions regarding Eimco Elecon 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 Eimco Elecon dividend overview you can look into the above table of dividend history.
How Eimco Elecon dividend works?
The Eimco Elecon 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 Eimco Elecon's dividend process works:

1. Determination of Dividend: Eimco Elecon'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, Eimco Elecon 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, Eimco Elecon 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 Eimco Elecon 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 Eimco Elecon dividends paid?
Eimco Elecon dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Eimco Elecon 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, Eimco Elecon distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Eimco Elecon 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 Eimco Elecon pay dividends?
Eimco Elecon 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 Eimco Elecon pay dividends?
The general pattern is that Eimco Elecon pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Eimco Elecon dividend safe?
The safety of Eimco Elecon'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 Eimco Elecon'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 Eimco Elecon'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.