Everest Kanto Cylinder Limited, together with its subsidiaries, manufactures and sells cylinders primarily in India. The company offers compressed natural gas steel, industrial gas, fire extinguisher, fire suppression system, medical application, hydrogen, breathing air, aluminum, jumbo, and type-4 cylinders. It also provides equipment, appliances, and tanks, as well as parts and accessories used for containing and storage of gas, liquids, and air. In addition, the company trades in fire extinguishment and related equipment, and castor oil; and generates power. Further, it exports its products to approximately 25 countries, including countries in South East Asia, the Middle East, Africa, the United States, Europe, South America, and the Commonwealth of Independent States. The company was incorporated in 1978 and is headquartered in Mumbai, India.
Everest Kanto Cylinder Dividend Announcement
• Everest Kanto Cylinder announced a annually dividend of ₹0.70 per ordinary share which will be made payable on 2024-09-04. Ex dividend date: 2024-08-23
• Everest Kanto Cylinder annual dividend for 2024 was ₹0.70
• Everest Kanto Cylinder annual dividend for 2023 was ₹0.70
• Everest Kanto Cylinder's trailing twelve-month (TTM) dividend yield is 0.31%
Everest Kanto Cylinder Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-23 | ₹0.70 | annually | 2024-09-04 |
2023-09-15 | ₹0.70 | annually | 2023-10-22 |
2022-09-15 | ₹0.70 | annually | 2022-10-23 |
2021-09-15 | ₹0.30 | annually | 2021-10-23 |
2013-07-10 | ₹0.20 | annually | 2013-07-29 |
2012-08-02 | ₹0.25 | annually | 2012-08-17 |
2011-07-21 | ₹1.50 | annually | 2011-08-29 |
2010-07-28 | ₹1.20 | annually | |
2010-07-15 | ₹1.20 | annually | 2010-08-26 |
2009-07-16 | ₹1.20 | annually | 2009-09-01 |
2008-07-24 | ₹1.20 | annually | 2008-09-01 |
2007-06-28 | ₹5.00 | annually | 2007-08-01 |
2006-07-20 | ₹3.50 | annually | 2006-08-06 |
Everest Kanto Cylinder Dividend per year
Everest Kanto Cylinder Dividend growth
Everest Kanto Cylinder Dividend Yield
Everest Kanto Cylinder current trailing twelve-month (TTM) dividend yield is 0.31%. Interested in purchasing Everest Kanto Cylinder stock? Use our calculator to estimate your expected dividend yield:
Everest Kanto Cylinder Financial Ratios
Everest Kanto Cylinder Dividend FAQ
Other factors to consider when evaluating Everest Kanto Cylinder 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 Kanto Cylinder'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 Kanto Cylinder 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 Kanto Cylinder 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 Kanto Cylinder 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 Kanto Cylinder 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 Kanto Cylinder 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 Kanto Cylinder 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 Kanto Cylinder'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 Kanto Cylinder'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.