Exide Industries Limited designs, manufactures, markets, and sells lead acid storage batteries and allied products in India and internationally. The company operates in two segments, Automotive and Industrial. It offers automotive, industrial, genset, solar, inverter, and submarine batteries, as well as home UPS systems and e-rickshaws. The company also provides life insurance products through individual agents, corporate agents, banks, etc.; manufactures and supplies recycled lead and lead alloys; manufactures lead acid automotive and motorcycle batteries; provides energy storage solutions and technical support for manufacturing of lithium ion batteries; and produces and distributes industrial battery chargers, rectifiers, and parts, as well as engages in the non-conventional energy business activities. In addition, it offers solutions in the areas of equipment selection, battery sizing, optimum room layout, installation, operation, and maintenance. Exide Industries Limited sells its batteries under the EXIDE, INDEX, DYNEX, SF SONIC, CHLORIDE, and CEIL brand names through a distribution network of approximately 48,000 direct and indirect dealers. Its products are used in power, solar, railways, telecom, UPS, projects, traction, and other industries. The company was formerly known as Chloride Industries Ltd. and changed its name to Exide Industries Limited in August 1995. Exide Industries Limited was founded in 1916 and is headquartered in Kolkata, India.
Exide Industries Dividend Announcement
• Exide Industries announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-08-28. Ex dividend date: 2024-07-22
• Exide Industries annual dividend for 2024 was ₹2.00
• Exide Industries annual dividend for 2023 was ₹2.00
• Exide Industries's trailing twelve-month (TTM) dividend yield is 0.43%
• Exide Industries's dividend growth over the last five years (2018-2023) was -3.58% year
• Exide Industries's dividend growth over the last ten years (2013-2023) was 1.64% year
Exide Industries Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-22 | ₹2.00 | annually | 2024-08-28 |
| 2023-08-01 | ₹2.00 | annually | 2023-09-07 |
| 2022-02-07 | ₹2.00 | annually | 2022-03-01 |
| 2021-02-04 | ₹2.00 | annually | 2021-02-28 |
| 2020-03-04 | ₹2.50 | annually | 2020-03-25 |
| 2019-11-18 | ₹1.60 | annually | 2019-12-06 |
| 2019-07-25 | ₹0.80 | annually | 2019-09-02 |
| 2018-11-15 | ₹1.60 | annually | 2018-12-08 |
| 2018-07-25 | ₹0.80 | annually | 2018-09-01 |
| 2017-11-03 | ₹1.60 | annually | 2017-11-24 |
| 2017-07-19 | ₹0.80 | annually | 2017-08-26 |
| 2016-11-03 | ₹1.60 | annually | 2016-11-25 |
| 2016-07-11 | ₹0.80 | annually | |
| 2015-11-05 | ₹1.60 | annually | 2015-11-27 |
| 2015-07-23 | ₹0.70 | annually | 2015-08-30 |
| 2014-08-21 | ₹1.50 | annually | |
| 2014-07-11 | ₹0.70 | annually | 2014-08-21 |
| 2013-11-05 | ₹1.10 | annually | 2013-11-22 |
| 2013-06-27 | ₹0.60 | annually | 2013-08-14 |
Exide Industries Dividend per year
Exide Industries Dividend growth
Exide Industries Dividend Yield
Exide Industries current trailing twelve-month (TTM) dividend yield is 0.43%. Interested in purchasing Exide Industries stock? Use our calculator to estimate your expected dividend yield:
Exide Industries Financial Ratios
P/E ratio47.48
PEG ratio0.42
P/B ratio2.87
ROE6.41%
Payout ratio0.00%
Current ratio1.34
Quick ratio0.49
Cash Ratio0.03
Exide Industries Dividend FAQ
How much is the next Exide Industries dividend?
Exide Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Exide Industries dividend. The next Exide Industries dividend will be released in August.
When is Exide Industries dividend paid?
Exide Industries pays dividends on a annually basis. The specific dates may vary each year but are generally around August. 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 Exide Industries pay?
The specific amount of Exide Industries 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 Exide Industries's dividend history.
Does Exide Industries stock pay dividends?
Yes, Exide Industries 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 Exide Industries's dividend history.
How much dividend does Exide Industries pay?
Exide Industries paid ₹2.0 in 2024, ₹2.0 in 2023, ₹2.0 in 2022, ₹2.0 in 2021, and ₹2.5 in 2020.
How often does Exide Industries pay dividends?
Exide Industries 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 August.
What is Exide Industries's dividend yield?
The current dividend yield for Exide Industries is 0.43%. 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 Exide Industries's exact dividend yield.
When does Exide Industries go ex dividend?
Exide Industries's ex-dividend date for the latest dividend was on 2024-07-22. Exide Industries 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 Exide Industries dividend paid?
Exide Industries pays dividends on a annually basis, typically around August, but the exact dates can vary each year.
Will Exide Industries 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 Exide Industries 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 Exide Industries dividend per share?
Exide Industries paid ₹2.0 per share in 2024 and ₹2.0 per share in 2023. The amount of dividend per share that Exide Industries 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 Exide Industries 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 Exide Industries 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 Exide Industries a dividend stock?
Yes, Exide Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Exide Industries a good dividend stock?
Whether Exide Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Exide Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Exide 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.
Other factors to consider when evaluating Exide 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.
Does Exide Industries pay dividends monthly?
Exide Industries typically pays dividends on a annually basis.
Does Exide Industries pay dividends quarterly?
Exide Industries currently pays dividends on a annually basis.
Has Exide Industries ever paid a dividend?
Yes, Exide Industries has a history of paying dividends to its shareholders. Exide Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Exide Industries dividend stocks?
To buy Exide Industries 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 Exide Industries 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.
Place an order: Use the brokerage's trading platform to place an order to buy Exide Industries 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 Exide Industries pay dividends 2024?
Exide Industries pays dividends on a annually basis. 2024 dividend payments are in 2024-08-28. 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 Exide Industries increase its dividend in 2024?
Decisions regarding Exide Industries 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 Exide Industries dividend overview you can look into the above table of dividend history.
How Exide Industries dividend works?
The Exide Industries 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 Exide Industries's dividend process works:
1. Determination of Dividend: Exide 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, Exide 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, Exide 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 Exide 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. Determination of Dividend: Exide 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, Exide 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, Exide 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 Exide 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.
How are Exide Industries dividends paid?
Exide Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Exide 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, Exide 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: Exide 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.
1. Record Date: Exide 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, Exide 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: Exide 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.
How many times does Exide Industries pay dividends?
Exide Industries 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 Exide Industries pay dividends?
The general pattern is that Exide Industries pays dividends around August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Exide Industries dividend safe?
The safety of Exide Industries'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 Exide 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 Exide 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.
To assess the safety of Exide 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 Exide 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.