HFCL Limited manufactures and sells telecom products in India and internationally. The company operates through Telecom Products and Turnkey Contracts and Services segments. It offers a range of optical fiber cables, such as aerial, armoured, Fiber-to-Anywhere (FTTx), micro, and unarmoured cables; microwave solutions, including packet microwave, hybrid microwave, and small cell radio solutions, as well as network management systems; and gigabit passive optical network systems, including optical line terminals (OLT), mini OLT, and optical network terminals. The company also provides power electronic solutions, including AC and DC power, network integrated control and monitoring, and power racks passive telecom infrastructure; battery management systems; and solar solutions comprising hybrid DC power systems, off grid solar plants, solar water pumps, and MPPT based solar charge controllers. In addition, it offers telecom network solutions, including in-building system, optical fiber cable network, optical transmission solutions, as well as fiber solutions to the home, building, premises, and curb. Further, the company provides network design, equipment supply, installation and commissioning, network integration, and post deployment warranty and AMC support for metro lines, mainline railways, and railway freight corridors; and various solutions consisting of communication/IT/telecom infrastructure, data center, disaster recovery and management, security, surveillance, traffic management, and citizen/mobile applications, as well as power, water, waste, and other utility management. It has a collaboration agreement with Qualcomm Technologies, Inc. for the design and development of 5G millimeter wave FWA and CPE products. It serves telecom, security, and railway sectors. The company was formerly known as Himachal Futuristic Communications Limited and changed its name to HFCL Limited in October 2019. HFCL Limited was incorporated in 1987 and is based in New Delhi, India.
HFCL Dividend Announcement
• HFCL announced a annually dividend of ₹0.20 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-09-23
• HFCL annual dividend for 2024 was ₹0.20
• HFCL annual dividend for 2023 was ₹0.20
• HFCL's trailing twelve-month (TTM) dividend yield is 0.16%
HFCL Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-23 | ₹0.20 | annually | 2024-10-30 |
2023-09-22 | ₹0.20 | annually | 2023-10-30 |
2022-09-22 | ₹0.18 | annually | 2022-10-30 |
2021-09-22 | ₹0.15 | annually | 2021-10-30 |
2019-09-19 | ₹0.10 | annually | 2019-10-28 |
2018-09-19 | ₹0.06 | annually | 2018-10-29 |
HFCL Dividend per year
HFCL Dividend growth
HFCL Dividend Yield
HFCL current trailing twelve-month (TTM) dividend yield is 0.16%. Interested in purchasing HFCL stock? Use our calculator to estimate your expected dividend yield:
HFCL Financial Ratios
HFCL Dividend FAQ
Other factors to consider when evaluating HFCL 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: HFCL'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, HFCL 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, HFCL 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 HFCL 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: HFCL 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, HFCL distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: HFCL 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 HFCL'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 HFCL'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.