Force Motors Limited, an integrated automobile company, designs, develops, manufactures, and sells a range of automotive components, aggregates, and vehicles in India. It provides light commercial vehicles, including passenger carriers, school buses, ambulances, and goods carriers; multi-utility vehicles; small commercial vehicles; special vehicles; and agricultural tractors. The company sells its products under the Traveller Monobus, Traveller, TRAX, Gurkha, Balwan, and Kargo King brands. It also exports its products to various countries in the Middle East, Asia, Latin America, and Africa. The company was incorporated in 1958 and is based in Pune, India. Force Motors Limited is a subsidiary of Jaya Hind Industries Private Limited.
Force Motors Dividend Announcement
• Force Motors announced a annually dividend of ₹20.00 per ordinary share which will be made payable on 2024-10-04. Ex dividend date: 2024-08-28 • Force Motors annual dividend for 2024 was ₹20.00 • Force Motors annual dividend for 2023 was ₹10.00 • Force Motors's trailing twelve-month (TTM) dividend yield is 0.27%
Force Motors current trailing twelve-month (TTM) dividend yield is 0.27%. Interested in purchasing Force Motors stock? Use our calculator to estimate your expected dividend yield:
Force Motors Financial Ratios
P/E ratio20.42
PEG ratio0.20
P/B ratio3.92
ROE21.12%
Payout ratio0.00%
Current ratio1.35
Quick ratio0.49
Cash Ratio0.21
Force Motors Dividend FAQ
How much is the next Force Motors dividend?
Force Motors's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Force Motors dividend. The next Force Motors dividend will be released in September.
When is Force Motors dividend paid?
Force Motors 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 Force Motors pay?
The specific amount of Force Motors 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 Force Motors's dividend history.
Does Force Motors stock pay dividends?
Yes, Force Motors 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 Force Motors's dividend history.
How much dividend does Force Motors pay?
Force Motors paid ₹20 in 2024, ₹10 in 2023, ₹10 in 2022, ₹5 in 2021, and ₹10 in 2020.
How often does Force Motors pay dividends?
Force Motors 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 Force Motors's dividend yield?
The current dividend yield for Force Motors is 0.27%. 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 Force Motors's exact dividend yield.
When does Force Motors go ex dividend?
Force Motors's ex-dividend date for the latest dividend was on 2024-08-28. Force Motors 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 Force Motors dividend paid?
Force Motors pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Force Motors 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 Force Motors 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 Force Motors dividend per share?
Force Motors paid ₹20 per share in 2024 and ₹10 per share in 2023. The amount of dividend per share that Force Motors 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 Force Motors 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 Force Motors 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 Force Motors a dividend stock?
Yes, Force Motors is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Force Motors a good dividend stock?
Whether Force Motors is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Force Motors has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Force Motors 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 Force Motors pay dividends monthly?
Force Motors typically pays dividends on a annually basis.
Does Force Motors pay dividends quarterly?
Force Motors currently pays dividends on a annually basis.
Has Force Motors ever paid a dividend?
Yes, Force Motors has a history of paying dividends to its shareholders. Force Motors is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Force Motors dividend stocks?
To buy Force Motors 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 Force Motors 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 Force Motors pay dividends 2024?
Force Motors pays dividends on a annually basis. 2024 dividend payments are in 2024-10-04. 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 Force Motors increase its dividend in 2024?
Decisions regarding Force Motors 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 Force Motors dividend overview you can look into the above table of dividend history.
How Force Motors dividend works?
The Force Motors 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 Force Motors's dividend process works:
1. Determination of Dividend: Force Motors'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, Force Motors 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, Force Motors 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 Force Motors 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 Force Motors dividends paid?
Force Motors dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Force Motors 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, Force Motors distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Force Motors 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 Force Motors pay dividends?
Force Motors 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 Force Motors pay dividends?
The general pattern is that Force Motors 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 Force Motors dividend safe?
The safety of Force Motors'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 Force Motors'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 Force Motors'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.