HBL Power Systems Limited manufactures and sells batteries, power electronics, and spun concrete products in India and internationally. The company offers lead acid batteries, including pure lead tin VRLA, tubular gel VRLA, tubular plate vented, and flat plate VRLA batteries; nickel-cadmium batteries, such as pocket plate, sintered plate, and fiber plate batteries; and silver zinc aircraft, missile, torpedo, and reserve batteries. It also provides power electronics comprising thyristor battery chargers, battery monitoring systems, and earth leakage monitors; and engineering solutions, such as training simulators, as well as integrated power supply products, data loggers, audio frequency track circuits, electronic interlocking systems, train collision avoidance systems, and digital axle counters for railways. In addition, the company offers renewable energy products, including off-grid solar systems, such as solar pumps and rooftop systems, as well as concrete products comprising spun concrete poles and piles, and concrete telecom towers. It serves defense, telecom, railways, oil and gas, power utilities, UPS and inverter batteries, and solar power industries. The company was founded in 1977 and is headquartered in Hyderabad, India. HBL Power Systems Limited is a subsidiary of Aluru Family Private Trust.
HBL Power Systems Dividend Announcement
• HBL Power Systems announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2024-10-26. Ex dividend date: 2024-09-13
• HBL Power Systems annual dividend for 2024 was ₹0.50
• HBL Power Systems annual dividend for 2023 was ₹0.45
• HBL Power Systems's trailing twelve-month (TTM) dividend yield is 0.09%
• HBL Power Systems's dividend growth over the last five years (2018-2023) was 12.47% year
• HBL Power Systems's dividend growth over the last ten years (2013-2023) was 11.61% year
HBL Power Systems Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-13 | ₹0.50 | annually | 2024-10-26 |
2023-09-15 | ₹0.45 | annually | 2023-10-28 |
2022-09-15 | ₹0.40 | annually | 2022-10-27 |
2021-09-16 | ₹0.35 | annually | 2021-10-25 |
2020-09-16 | ₹0.10 | annually | 2020-10-24 |
2020-02-26 | ₹0.20 | annually | 2020-03-18 |
2019-09-18 | ₹0.30 | annually | 2019-10-26 |
2018-09-18 | ₹0.25 | annually | 2018-10-27 |
2017-09-18 | ₹0.25 | annually | 2017-10-26 |
2016-09-21 | ₹0.25 | annually | 2016-10-29 |
2015-09-21 | ₹0.20 | annually | 2015-10-29 |
2014-12-18 | ₹0.20 | annually | 2015-01-27 |
2013-09-19 | ₹0.15 | annually | 2013-10-28 |
HBL Power Systems Dividend per year
HBL Power Systems Dividend growth
HBL Power Systems Dividend Yield
HBL Power Systems current trailing twelve-month (TTM) dividend yield is 0.09%. Interested in purchasing HBL Power Systems stock? Use our calculator to estimate your expected dividend yield:
HBL Power Systems Financial Ratios
HBL Power Systems Dividend FAQ
Other factors to consider when evaluating HBL Power Systems 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: HBL Power Systems'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, HBL Power Systems 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, HBL Power Systems 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 HBL Power Systems 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: HBL Power Systems 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, HBL Power Systems distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: HBL Power Systems 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 HBL Power Systems'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 HBL Power Systems'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.