Geekay Wires Limited manufactures and sells galvanized steel wires and nail products in India and internationally. The company offers barbad, chain link fence, welded wire mesh, ACSR core, earth, stay, hot dipped galvanized, binding, bright and black annealed, mild steel and high carbon drawn, welding electrode, hair clip, steel wool, umbrella rib, nail, spring, patented, stitching, poultry, spring steel, electrode, and fan wires. It also provides cable armour wire rounds and flats, steel tapes, and fasteners, as well as wire for wire ropes. In addition, the company offers wire-collated, common, D-head, full head plastic strip, and coil nails. It serves various clients covering a range of applications comprising power transmission, cable and conductor, general engineering, construction, etc. The company was incorporated in 1989 and is based in Hyderabad, India.
Geekay Wires Dividend Announcement
• Geekay Wires announced a annually dividend of ₹0.60 per ordinary share which will be made payable on 2024-10-12. Ex dividend date: 2024-09-05
• Geekay Wires annual dividend for 2024 was ₹0.60
• Geekay Wires annual dividend for 2023 was ₹2.70
• Geekay Wires's trailing twelve-month (TTM) dividend yield is 0.61%
• Geekay Wires's payout ratio for the trailing twelve months (TTM) is 7.13%
Geekay Wires Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-05 | ₹0.60 | annually | 2024-10-12 |
2023-09-18 | ₹2.70 | annually | 2023-10-25 |
2022-09-22 | ₹2.50 | annually | 2022-10-30 |
2021-08-26 | ₹2.10 | annually | 2021-10-04 |
2020-09-03 | ₹2.00 | annually | 2020-09-05 |
Geekay Wires Dividend per year
Geekay Wires Dividend growth
Geekay Wires Dividend Yield
Geekay Wires current trailing twelve-month (TTM) dividend yield is 0.61%. Interested in purchasing Geekay Wires stock? Use our calculator to estimate your expected dividend yield:
Geekay Wires Financial Ratios
Geekay Wires Dividend FAQ
Other factors to consider when evaluating Geekay Wires 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: Geekay Wires'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, Geekay Wires 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, Geekay Wires 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 Geekay Wires 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: Geekay Wires 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, Geekay Wires distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Geekay Wires 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 Geekay Wires'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 Geekay Wires'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.