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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 dateDividend amountDividend typePay date
2024-09-09₹1.00annually2024-10-16
2023-09-21₹1.00annually2023-10-28

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

P/E ratio33.33
PEG ratio6.01
P/B ratio3.56
ROE11.21%
Payout ratio0.00%
Current ratio3.00
Quick ratio1.95
Cash Ratio0.05

Harsha Engineers International Dividend FAQ

Does Harsha Engineers International stock pay dividends?
Harsha Engineers International does not currently pay dividends to its shareholders.
Has Harsha Engineers International ever paid a dividend?
No, Harsha Engineers International has no a history of paying dividends to its shareholders. Harsha Engineers International is not known for its dividend payments.
Why doesn't Harsha Engineers International pay dividends?
There are several potential reasons why Harsha Engineers International would choose not to pay dividends to their shareholders:

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.
Will Harsha Engineers International ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Harsha Engineers International has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Harsha Engineers International a dividend aristocrat?
Harsha Engineers International is not considered a Dividend Aristocrat. 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 Harsha Engineers International a dividend king?
Harsha Engineers International is not classified as a "Dividend King". 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 Harsha Engineers International a dividend stock?
No, Harsha Engineers International is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Harsha Engineers International stocks?
To buy Harsha Engineers International 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Harsha Engineers International 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.