Everest Industries Limited manufactures and trades in building products for residential, commercial, and industrial sectors in India. The company operates through Building Products and Steel Buildings segments. It offers roofing products, such as fiber cement roofing sheets, Everest super color sheets, Hi-tech roofing sheets, decoroof sheets, EPDM washers, and rooflight sheets; and artewood, artestones, fiber cement boards, heavy duty boards, smart and Rapicon walls, cement wood planks, designer and standard ceilings, stone claddings, and floor boards. The company also provides pre-engineered buildings, smart steel buildings, and industrial roofing and cladding products, as well as accessories. It exports its products to 16 countries. The company was incorporated in 1934 and is headquartered in Mumbai, India. Everest Industries Limited is a subsidiary of Falak Investment Private Limited.
Everest Industries Dividend Announcement
• Everest Industries announced a annually dividend of ₹2.50 per ordinary share which will be made payable on 2024-09-11. Ex dividend date: 2024-08-02
• Everest Industries annual dividend for 2024 was ₹2.50
• Everest Industries annual dividend for 2023 was ₹6.00
• Everest Industries's trailing twelve-month (TTM) dividend yield is 0.31%
• Everest Industries's dividend growth over the last five years (2018-2023) was -1.59% year
• Everest Industries's dividend growth over the last ten years (2013-2023) was -2.21% year
Everest Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-02 | ₹2.50 | annually | 2024-09-11 |
2023-08-14 | ₹6.00 | annually | 2023-09-20 |
2022-08-17 | ₹6.00 | annually | 2022-09-23 |
2021-08-17 | ₹7.50 | annually | 2021-09-23 |
2020-08-19 | ₹1.00 | annually | 2020-09-26 |
2019-07-16 | ₹7.50 | annually | 2019-08-23 |
2018-07-17 | ₹6.50 | annually | 2018-08-24 |
2017-07-17 | ₹1.00 | annually | 2017-08-11 |
2016-06-21 | ₹5.00 | annually | 2016-07-15 |
2015-08-17 | ₹5.00 | annually | 2015-09-19 |
2014-07-22 | ₹2.50 | annually | 2014-08-22 |
2013-07-18 | ₹7.50 | annually | 2013-08-25 |
Everest Industries Dividend per year
Everest Industries Dividend growth
Everest Industries Dividend Yield
Everest Industries current trailing twelve-month (TTM) dividend yield is 0.31%. Interested in purchasing Everest Industries stock? Use our calculator to estimate your expected dividend yield:
Everest Industries Financial Ratios
Everest Industries Dividend FAQ
Other factors to consider when evaluating Everest Industries 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: Everest Industries'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, Everest Industries 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, Everest Industries 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 Everest Industries 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: Everest Industries 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, Everest Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Everest Industries 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 Everest Industries'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 Everest Industries'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.