Harsha Engineers International Limited manufactures and sells brass cages, steel cages, polyamide precision bearing cages, and stamped components in India and internationally. The company offers cylindrical roller, spherical roller, deep grove, angular contact, thrust roller, and taper roller cages. Its stamped components are used in automotive, bearing and sealing, and electrical and appliance industry. The company was formerly known as Harsha Engineers International Private Limited and changed its name to Harsha Engineers International Limited in January 2022. The company was founded in 1972 and is based in Ahmedabad, India.
Harsha Engineers International Dividend Announcement
• Harsha Engineers International announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-16. Ex dividend date: 2024-09-09
• Harsha Engineers International annual dividend for 2024 was ₹1.00
• Harsha Engineers International annual dividend for 2023 was ₹1.00
• Harsha Engineers International's trailing twelve-month (TTM) dividend yield is 0.21%
Harsha Engineers International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-09 | ₹1.00 | annually | 2024-10-16 |
2023-09-21 | ₹1.00 | annually | 2023-10-28 |
Harsha Engineers International Dividend per year
Harsha Engineers International Dividend Yield
Harsha Engineers International current trailing twelve-month (TTM) dividend yield is 0.21%. Interested in purchasing Harsha Engineers International stock? Use our calculator to estimate your expected dividend yield:
Harsha Engineers International Financial Ratios
Harsha Engineers International Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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