Greaves Cotton Limited manufactures and sells engines and engine application products in India. The company offers lightweight diesel/gasoline engines for automotive engine applications, such as 3-wheelers and small 4-wheeled commercial vehicles; non-automotive small engines for agriculture, construction, marine, genset, and other industries; and industrial and firefighting engines. It also provides generator sets; petrol kerosene, diesel, electric, OHV pumpsets; light agri equipment; reaper and rotavator; and drip and sprinklers irrigation systems. In addition, the company manufactures spares, such as engine and electrical parts, lubricants, amsoil, batteries, construction products, tires, and 2 wheeler spares; provides vehicle finance services; and trades in power tillers, spares related to engines, electric vehicles and infrastructure equipment, etc. It also exports its products to the Middle East, Africa, and the South East Asia region. The company operates a network of approximately 400 retail centres and 6300 smaller spare parts retail outlets. Greaves Cotton Limited was founded in 1859 and is based in Mumbai, India.
Greaves Cotton Dividend Announcement
• Greaves Cotton announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-09-06. Ex dividend date: 2024-08-01
• Greaves Cotton annual dividend for 2024 was ₹2.00
• Greaves Cotton annual dividend for 2023 was ₹0.90
• Greaves Cotton's trailing twelve-month (TTM) dividend yield is 1.08%
Greaves Cotton Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-01 | ₹2.00 | annually | 2024-09-06 |
2023-08-03 | ₹0.90 | annually | 2023-09-08 |
2022-08-03 | ₹0.20 | annually | 2022-09-09 |
2021-08-03 | ₹0.20 | annually | 2021-09-09 |
2019-02-13 | ₹4.00 | annually | 2019-02-26 |
2018-08-03 | ₹1.50 | annually | 2018-09-12 |
2018-02-14 | ₹4.00 | annually | 2018-02-27 |
2017-07-26 | ₹1.50 | annually | 2017-09-02 |
2017-02-22 | ₹4.00 | annually | 2017-03-16 |
2016-09-16 | ₹1.00 | annually | 2016-10-26 |
2016-07-25 | ₹1.00 | annually | |
2016-02-11 | ₹4.50 | annually | 2016-03-04 |
2015-08-12 | ₹1.10 | annually | |
2015-07-30 | ₹1.10 | annually | 2015-09-05 |
2014-09-04 | ₹1.40 | annually | 2014-09-29 |
2014-07-18 | ₹0.60 | annually | 2014-08-30 |
2014-02-17 | ₹0.40 | annually | 2014-03-08 |
2013-09-24 | ₹0.30 | annually | 2013-10-13 |
2013-07-19 | ₹0.50 | annually | 2013-08-09 |
2013-02-11 | ₹0.40 | annually | 2013-03-01 |
2012-11-15 | ₹0.40 | annually | 2012-11-27 |
2012-09-17 | ₹0.30 | annually | 2012-10-06 |
2012-07-19 | ₹0.20 | annually | 2012-08-09 |
2012-04-12 | ₹0.80 | annually | 2012-04-19 |
2012-02-03 | ₹0.40 | annually | 2012-02-15 |
Greaves Cotton Dividend per year
Greaves Cotton Dividend growth
Greaves Cotton Dividend Yield
Greaves Cotton current trailing twelve-month (TTM) dividend yield is 1.08%. Interested in purchasing Greaves Cotton stock? Use our calculator to estimate your expected dividend yield:
Greaves Cotton Financial Ratios
Greaves Cotton Dividend FAQ
Other factors to consider when evaluating Greaves Cotton 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: Greaves Cotton'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, Greaves Cotton 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, Greaves Cotton 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 Greaves Cotton 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: Greaves Cotton 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, Greaves Cotton distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Greaves Cotton 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 Greaves Cotton'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 Greaves Cotton'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.