Havells India Limited, a fast-moving electrical goods company, manufactures, trades, and sells various consumer electrical and electronic products in India and internationally. It operates through six segments: Switchgears, Cables, Lighting and Fixtures, Electrical Consumer Durables, Lloyd Consumer, and Others. The company offers switches; switchgears, such as circuit breakers, energy savers, human safety equipment, distribution boards, surge protection devices, and control and monitoring devices, as well as magnetic contractor, thermal overload relays, and starters; lighting products; appliances, including cooking, food preparation, brewing, garment care, climate control appliances, and air purifiers; and power, control, fire survival cables. It also provides fans comprising ceiling, table, pedestal, wall, ceiling mounting, personal, and domestic exhaust fans; storage, instant, instantaneous gas, solar, linea online, heat, and auto immersion water heaters; centrifugal, mono block, submersible, and borewell submersible pumps; water purifiers; air conditioners; televisions; refrigerator; washing machines; dishwashers; air circulators; heavy duty exhaust fans; and air coolers. In addition, the company crane duty, smoke, brake, inverter duty, and energy efficient motors; reactive power solutions; personal grooming products; solar rooftop on grid, solar off grid, solar portables, and solar on grid inverter solutions; and power solutions, including power capacitors, IOT enabled IPFC relays, HD harmonic detuned reactors, IOT enabled APFC panels, high PIV thyristor switches, SVG and active harmonic filters, and hybrid panels. The company offers its products under the Havells, Lloyd, Crabtree, Standard, and REO brands. It also exports its products to approximately 60 countries. Havells India Limited was founded in 1958 and is based in Noida, India.
Havells India Dividend Announcement
• Havells India announced a semi annually dividend of ₹6.00 per ordinary share which will be made payable on 2024-07-28. Ex dividend date: 2024-05-31
• Havells India annual dividend for 2024 was ₹9.00
• Havells India annual dividend for 2023 was ₹7.50
• Havells India's trailing twelve-month (TTM) dividend yield is 0.53%
• Havells India's dividend growth over the last five years (2018-2023) was 13.40% year
Havells India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-31 | ₹6.00 | semi annually | 2024-07-28 |
2024-02-01 | ₹3.00 | semi annually | 2024-02-21 |
2023-06-02 | ₹4.50 | semi annually | 2023-07-27 |
2023-01-25 | ₹3.00 | semi annually | 2023-02-17 |
2022-06-14 | ₹4.50 | semi annually | 2022-08-07 |
2021-10-27 | ₹3.00 | semi annually | 2021-11-19 |
2021-06-17 | ₹3.50 | semi annually | 2021-07-30 |
2021-01-28 | ₹3.00 | semi annually | 2021-02-19 |
2020-03-16 | ₹4.00 | semi annually | 2020-04-05 |
2019-07-18 | ₹4.50 | semi annually | 2019-08-26 |
2018-07-04 | ₹4.00 | semi annually | 2018-08-19 |
2017-06-21 | ₹3.50 | semi annually | 2017-08-06 |
2016-06-29 | ₹3.00 | semi annually | 2016-08-12 |
2016-02-10 | ₹3.00 | semi annually | 2016-03-03 |
2015-06-29 | ₹3.00 | semi annually | 2015-08-12 |
2014-06-26 | ₹10.00 | semi annually | 2014-08-08 |
2014-03-19 | ₹5.00 | semi annually | 2014-04-12 |
2013-06-20 | ₹7.50 | semi annually | 2013-08-03 |
Havells India Dividend per year
Havells India Dividend growth
Havells India Dividend Yield
Havells India current trailing twelve-month (TTM) dividend yield is 0.53%. Interested in purchasing Havells India stock? Use our calculator to estimate your expected dividend yield:
Havells India Financial Ratios
Havells India Dividend FAQ
Other factors to consider when evaluating Havells India 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: Havells India'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, Havells India 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, Havells India 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 Havells India 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: Havells India 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, Havells India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Havells India 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 Havells India'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 Havells India'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.