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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 dateDividend amountDividend typePay date
2024-08-23₹0.70annually2024-09-04
2023-09-15₹0.70annually2023-10-22
2022-09-15₹0.70annually2022-10-23
2021-09-15₹0.30annually2021-10-23
2013-07-10₹0.20annually2013-07-29
2012-08-02₹0.25annually2012-08-17
2011-07-21₹1.50annually2011-08-29
2010-07-28₹1.20annually
2010-07-15₹1.20annually2010-08-26
2009-07-16₹1.20annually2009-09-01
2008-07-24₹1.20annually2008-09-01
2007-06-28₹5.00annually2007-08-01
2006-07-20₹3.50annually2006-08-06

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

P/E ratio21.58
PEG ratio-52.20
P/B ratio2.18
ROE10.67%
Payout ratio0.00%
Current ratio2.91
Quick ratio1.49
Cash Ratio0.16

Everest Kanto Cylinder Dividend FAQ

How much is the next Everest Kanto Cylinder dividend?
Everest Kanto Cylinder's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Everest Kanto Cylinder dividend. The next Everest Kanto Cylinder dividend will be released in September.
When is Everest Kanto Cylinder dividend paid?
Everest Kanto Cylinder pays dividends on a annually basis. The specific dates may vary each year but are generally around September. 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 Everest Kanto Cylinder pay?
The specific amount of Everest Kanto Cylinder 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 Everest Kanto Cylinder's dividend history.
Does Everest Kanto Cylinder stock pay dividends?
Yes, Everest Kanto Cylinder 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 Everest Kanto Cylinder's dividend history.
How much dividend does Everest Kanto Cylinder pay?
Everest Kanto Cylinder paid ₹0.7 in 2024, ₹0.7 in 2023, ₹0.7 in 2022, ₹0.3 in 2021, and ₹0.0 in 2020.
How often does Everest Kanto Cylinder pay dividends?
Everest Kanto Cylinder 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 September.
What is Everest Kanto Cylinder's dividend yield?
The current dividend yield for Everest Kanto Cylinder is 0.31%. 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 Everest Kanto Cylinder's exact dividend yield.
When does Everest Kanto Cylinder go ex dividend?
Everest Kanto Cylinder's ex-dividend date for the latest dividend was on 2024-08-23. Everest Kanto Cylinder 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 Everest Kanto Cylinder dividend paid?
Everest Kanto Cylinder pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Everest Kanto Cylinder 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 Everest Kanto Cylinder 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 Everest Kanto Cylinder dividend per share?
Everest Kanto Cylinder paid ₹0.7 per share in 2024 and ₹0.7 per share in 2023. The amount of dividend per share that Everest Kanto Cylinder 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 Everest Kanto Cylinder 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 Everest Kanto Cylinder 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 Everest Kanto Cylinder a dividend stock?
Yes, Everest Kanto Cylinder is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Everest Kanto Cylinder a good dividend stock?
Whether Everest Kanto Cylinder is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Everest Kanto Cylinder has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Everest Kanto Cylinder pay dividends monthly?
Everest Kanto Cylinder typically pays dividends on a annually basis.
Does Everest Kanto Cylinder pay dividends quarterly?
Everest Kanto Cylinder currently pays dividends on a annually basis.
Has Everest Kanto Cylinder ever paid a dividend?
Yes, Everest Kanto Cylinder has a history of paying dividends to its shareholders. Everest Kanto Cylinder is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Everest Kanto Cylinder dividend stocks?
To buy Everest Kanto Cylinder 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 Everest Kanto Cylinder 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 Everest Kanto Cylinder pay dividends 2024?
Everest Kanto Cylinder pays dividends on a annually basis. 2024 dividend payments are in 2024-09-04. 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 Everest Kanto Cylinder increase its dividend in 2024?
Decisions regarding Everest Kanto Cylinder 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 Everest Kanto Cylinder dividend overview you can look into the above table of dividend history.
How Everest Kanto Cylinder dividend works?
The Everest Kanto Cylinder 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 Everest Kanto Cylinder's dividend process works:

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.
How are Everest Kanto Cylinder dividends paid?
Everest Kanto Cylinder dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Everest Kanto Cylinder pay dividends?
Everest Kanto Cylinder 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 Everest Kanto Cylinder pay dividends?
The general pattern is that Everest Kanto Cylinder pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Everest Kanto Cylinder dividend safe?
The safety of Everest Kanto Cylinder'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 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.