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Finolex Cables Limited manufactures and sells electrical and communication cables, and other electrical appliances in India. The company operates through Electrical Cables, Communication Cables, Copper Rods, and Others segments. It offers electrical cables, such as 1100V and motor winding PVC insulated, automotive/battery, UPS, elevator, and solar cables, as well as heavy duty, underground, low and high voltage, power, and control cables; and communication cables, including optic fiber, coaxial, local area network, CCTV, speaker, jelly filled telephone, PE insulated telephone, and V-SAT cables. The company also provides copper rods; electrical switches, sockets, regulators, etc.; and retrofit and non-retrofit CFL lamps, T5 tube lights, and fittings, as well as LED based lighting solutions. In addition, it offers ceiling, table, wall, pedestal, and exhaust fans; switchgear products, such as miniature and residual current circuit breakers, molded case circuit breakers, and distribution boards; conduit pipes and fittings; and water heaters. Further, the company offers its products through online retail stores. It also exports its products to the United States and the United Arab Emirates. Finolex Cables Limited was founded in 1958 and is based in Pune, India.

Finolex Cables Dividend Announcement

Finolex Cables announced a annually dividend of ₹8.00 per ordinary share which will be made payable on 2024-10-27. Ex dividend date: 2024-09-17
Finolex Cables annual dividend for 2024 was ₹8.00
Finolex Cables annual dividend for 2023 was ₹7.00
Finolex Cables's trailing twelve-month (TTM) dividend yield is 0.59%
Finolex Cables's dividend growth over the last five years (2018-2023) was 11.84% year
Finolex Cables's dividend growth over the last ten years (2013-2023) was 19.29% year

Finolex Cables Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-17₹8.00annually2024-10-27
2023-09-22₹7.00annually2023-10-28
2022-09-15₹6.00annually2022-10-27
2021-09-16₹5.50annually2021-10-29
2020-09-17₹5.50annually2020-10-28
2019-09-05₹4.50annually2019-10-17
2018-09-12₹4.00annually2018-10-24
2017-09-14₹3.00annually2017-10-28
2016-08-26₹0.50annually2016-10-08
2015-07-30₹1.80annually2015-08-19
2014-08-27₹1.60annually2014-09-18
2013-06-13₹1.20annually2013-07-27

Finolex Cables Dividend per year

Finolex Cables Dividend growth

Finolex Cables Dividend Yield

Finolex Cables current trailing twelve-month (TTM) dividend yield is 0.59%. Interested in purchasing Finolex Cables stock? Use our calculator to estimate your expected dividend yield:

Finolex Cables Financial Ratios

P/E ratio27.99
PEG ratio0.12
P/B ratio4.16
ROE15.88%
Payout ratio0.00%
Current ratio10.56
Quick ratio8.84
Cash Ratio0.29

Finolex Cables Dividend FAQ

How much is the next Finolex Cables dividend?
Finolex Cables's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Finolex Cables dividend. The next Finolex Cables dividend will be released in September.
When is Finolex Cables dividend paid?
Finolex Cables 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 Finolex Cables pay?
The specific amount of Finolex Cables 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 Finolex Cables's dividend history.
Does Finolex Cables stock pay dividends?
Yes, Finolex Cables 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 Finolex Cables's dividend history.
How much dividend does Finolex Cables pay?
Finolex Cables paid ₹8.0 in 2024, ₹7.0 in 2023, ₹6.0 in 2022, ₹5.5 in 2021, and ₹5.5 in 2020.
How often does Finolex Cables pay dividends?
Finolex Cables 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 Finolex Cables's dividend yield?
The current dividend yield for Finolex Cables is 0.59%. 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 Finolex Cables's exact dividend yield.
When does Finolex Cables go ex dividend?
Finolex Cables's ex-dividend date for the latest dividend was on 2024-09-17. Finolex Cables 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 Finolex Cables dividend paid?
Finolex Cables pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Finolex Cables 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 Finolex Cables 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 Finolex Cables dividend per share?
Finolex Cables paid ₹8.0 per share in 2024 and ₹7.0 per share in 2023. The amount of dividend per share that Finolex Cables 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 Finolex Cables 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 Finolex Cables 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 Finolex Cables a dividend stock?
Yes, Finolex Cables is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Finolex Cables a good dividend stock?
Whether Finolex Cables is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Finolex Cables has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Finolex Cables 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 Finolex Cables pay dividends monthly?
Finolex Cables typically pays dividends on a annually basis.
Does Finolex Cables pay dividends quarterly?
Finolex Cables currently pays dividends on a annually basis.
Has Finolex Cables ever paid a dividend?
Yes, Finolex Cables has a history of paying dividends to its shareholders. Finolex Cables is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Finolex Cables dividend stocks?
To buy Finolex Cables 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 Finolex Cables 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 Finolex Cables pay dividends 2024?
Finolex Cables pays dividends on a annually basis. 2024 dividend payments are in 2024-10-27. 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 Finolex Cables increase its dividend in 2024?
Decisions regarding Finolex Cables 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 Finolex Cables dividend overview you can look into the above table of dividend history.
How Finolex Cables dividend works?
The Finolex Cables 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 Finolex Cables's dividend process works:

1. Determination of Dividend: Finolex Cables'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, Finolex Cables 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, Finolex Cables 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 Finolex Cables 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 Finolex Cables dividends paid?
Finolex Cables dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Finolex Cables 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, Finolex Cables distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Finolex Cables 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 Finolex Cables pay dividends?
Finolex Cables 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 Finolex Cables pay dividends?
The general pattern is that Finolex Cables 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 Finolex Cables dividend safe?
The safety of Finolex Cables'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 Finolex Cables'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 Finolex Cables'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.