Elpro International Ltd. owns and leases real estate property. It operates through the following segments: Electrical Equipment, Real Estate, Investment Activity, and Others. The Electrical Equipment segment includes manufacturing and sales of lightning arresters, varistors, secondary surge arresters, and discharge counter. The Real Estate segment focuses in the development and sale of property and lease of land and premises. The Investment Activity comprises long term investments. The Others segment consists of income generated from windmills. The company was founded on July 27, 1962 and is headquartered in Mumbai, India.
Elpro International Dividend Announcement
• Elpro International announced a semi annually dividend of ₹0.60 per ordinary share which will be made payable on 2023-12-01. Ex dividend date: 2023-11-13
• Elpro International annual dividend for 2023 was ₹0.83
• Elpro International's trailing twelve-month (TTM) dividend yield is 0.53%
Elpro International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-11-13 | ₹0.60 | semi annually | 2023-12-01 |
2023-06-09 | ₹0.23 | semi annually | 2023-06-28 |
2006-09-13 | ₹0.92 | semi annually | |
2005-09-22 | ₹0.92 | semi annually | |
2002-12-02 | ₹0.92 | semi annually | |
2001-09-04 | ₹1.83 | semi annually |
Elpro International Dividend per year
Elpro International Dividend growth
Elpro International Dividend Yield
Elpro International current trailing twelve-month (TTM) dividend yield is 0.53%. Interested in purchasing Elpro International stock? Use our calculator to estimate your expected dividend yield:
Elpro International Financial Ratios
Elpro International Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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