Hero MotoCorp Limited manufactures and sells motorized two wheelers, spare parts, and related services in Asia, Central and Latin America, and Africa and Middle East. It offers motorcycles and scooters. The company also provides engines, as well as related parts and accessories. It has a strategic partnership with Gogoro Inc. to enhance the shift to sustainable electric mobility in India. The company was formerly known as Hero Honda Motors Ltd. and changed its name to Hero MotoCorp Limited in July 2011. Hero MotoCorp Limited was incorporated in 1984 and is based in New Delhi, India.
Hero MotoCorp Dividend Announcement
• Hero MotoCorp announced a semi annually dividend of ₹40.00 per ordinary share which will be made payable on 2024-09-11. Ex dividend date: 2024-08-01
• Hero MotoCorp annual dividend for 2024 was ₹65.00
• Hero MotoCorp annual dividend for 2023 was ₹100.00
• Hero MotoCorp's trailing twelve-month (TTM) dividend yield is 1.42%
• Hero MotoCorp's dividend growth over the last five years (2018-2023) was 1.03% year
• Hero MotoCorp's dividend growth over the last ten years (2013-2023) was 5.24% year
Hero MotoCorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-01 | ₹40.00 | semi annually | 2024-09-11 |
2024-02-21 | ₹25.00 | semi annually | 2024-03-09 |
2023-07-27 | ₹35.00 | semi annually | 2023-09-08 |
2023-02-17 | ₹65.00 | semi annually | 2023-03-09 |
2022-07-27 | ₹35.00 | semi annually | 2022-09-08 |
2022-02-21 | ₹60.00 | semi annually | 2022-03-12 |
2021-07-22 | ₹25.00 | semi annually | 2021-09-03 |
2021-02-15 | ₹65.00 | semi annually | 2021-03-06 |
2020-07-30 | ₹25.00 | semi annually | 2020-09-11 |
2020-02-17 | ₹65.00 | semi annually | 2020-03-06 |
2019-07-16 | ₹32.00 | semi annually | 2019-08-28 |
2019-02-11 | ₹55.00 | semi annually | 2019-03-01 |
2018-07-11 | ₹40.00 | semi annually | 2018-08-23 |
2018-02-15 | ₹55.00 | semi annually | 2018-03-07 |
2017-06-30 | ₹30.00 | semi annually | 2017-08-10 |
2017-03-16 | ₹55.00 | semi annually | 2017-04-05 |
2016-09-15 | ₹32.00 | semi annually | 2016-10-23 |
2016-03-21 | ₹40.00 | semi annually | 2016-03-31 |
2015-06-01 | ₹30.00 | semi annually | |
2014-08-08 | ₹30.00 | semi annually | 2014-09-04 |
2014-07-03 | ₹65.00 | semi annually | 2014-09-04 |
2013-09-03 | ₹60.00 | semi annually | 2013-10-11 |
Hero MotoCorp Dividend per year
Hero MotoCorp Dividend growth
Hero MotoCorp Dividend Yield
Hero MotoCorp current trailing twelve-month (TTM) dividend yield is 1.42%. Interested in purchasing Hero MotoCorp stock? Use our calculator to estimate your expected dividend yield:
Hero MotoCorp Financial Ratios
Hero MotoCorp Dividend FAQ
Other factors to consider when evaluating Hero MotoCorp 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: Hero MotoCorp'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, Hero MotoCorp 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, Hero MotoCorp 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 Hero MotoCorp 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: Hero MotoCorp 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, Hero MotoCorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hero MotoCorp 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 Hero MotoCorp'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 Hero MotoCorp'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.