HIL Limited produces and distributes building materials and other solutions in India, Europe, and internationally. It operates through Roofing Solutions, Building Solutions, Polymer Solutions, Flooring Solutions, and Others segments. The Roofing Solutions segment provides fiber cement sheets, colored steel and cement sheets, and non-asbestos corrugated roofing sheets under the Charminar and Charminar Fortune brands. The Building Solutions segment offers wet walling and dry walling solutions, including autoclaved aerated concrete blocks, block jointing mortars, cement sandwich panels, fly ash blocks, fiber cement boards, designer boards, tile adhesives, and ready-mix plaster under the Birla Aerocon brand. The Polymer Solutions segment offers UPVC, CPVC, SWR pipes and fittings, column, and pressure pipes under the Birla HIL Pipes brand, as well as wall putty under the Birla HIL Putty brand. The Flooring Solutions segment provides resilient floor coverings, laminate and engineered wood floorings, wall and ceiling panels, skirtings, and related accessories under the Parador brand. The Others segments generates electricity through wind power; and manufactures material handling, and processing plant and equipment. The company was formerly known as Hyderabad Industries Limited and changed its name to HIL Limited in July 2012. HIL Limited was founded in 1946 and is based in Hyderabad, India.
HIL Dividend Announcement
• HIL announced a semi annually dividend of ₹22.50 per ordinary share which will be made payable on 2024-08-22. Ex dividend date: 2024-07-23
• HIL annual dividend for 2024 was ₹37.50
• HIL annual dividend for 2023 was ₹45.00
• HIL's trailing twelve-month (TTM) dividend yield is 1.46%
• HIL's dividend growth over the last five years (2018-2023) was 14.87% year
• HIL's dividend growth over the last ten years (2013-2023) was 8.45% year
HIL Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-23 | ₹22.50 | semi annually | 2024-08-22 |
| 2024-02-14 | ₹15.00 | semi annually | 2024-03-03 |
| 2023-07-21 | ₹25.00 | semi annually | 2023-08-29 |
| 2023-02-08 | ₹20.00 | semi annually | 2023-02-26 |
| 2022-07-21 | ₹20.00 | semi annually | 2022-08-28 |
| 2022-02-08 | ₹20.00 | semi annually | 2022-02-26 |
| 2021-07-22 | ₹25.00 | semi annually | 2021-08-29 |
| 2021-02-11 | ₹15.00 | semi annually | 2021-03-04 |
| 2020-07-21 | ₹10.00 | semi annually | 2020-08-08 |
| 2020-02-25 | ₹10.00 | semi annually | 2020-03-14 |
| 2019-07-16 | ₹12.50 | semi annually | 2019-07-29 |
| 2019-02-18 | ₹12.50 | semi annually | 2019-03-10 |
| 2018-07-27 | ₹12.50 | semi annually | 2018-09-05 |
| 2018-02-05 | ₹10.00 | semi annually | 2018-02-23 |
| 2017-07-10 | ₹10.00 | semi annually | 2017-07-22 |
| 2017-01-25 | ₹10.00 | semi annually | 2017-02-15 |
| 2016-07-20 | ₹10.00 | semi annually | 2016-08-04 |
| 2016-02-15 | ₹7.50 | semi annually | 2016-03-05 |
| 2015-07-22 | ₹10.00 | semi annually | 2015-08-29 |
| 2014-09-25 | ₹10.00 | semi annually | 2014-09-30 |
| 2014-07-16 | ₹5.00 | semi annually | |
| 2013-07-22 | ₹12.50 | semi annually | 2013-08-29 |
| 2013-02-05 | ₹7.50 | semi annually | 2013-02-23 |
HIL Dividend per year
HIL Dividend growth
HIL Dividend Yield
HIL current trailing twelve-month (TTM) dividend yield is 1.46%. Interested in purchasing HIL stock? Use our calculator to estimate your expected dividend yield:
HIL Financial Ratios
P/E ratio96.54
PEG ratio-2.10
P/B ratio1.51
ROE1.58%
Payout ratio0.00%
Current ratio1.03
Quick ratio0.38
Cash Ratio0.04
HIL Dividend FAQ
How much is the next HIL dividend?
HIL's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next HIL dividend. The next HIL dividend will be released in February, or July.
When is HIL dividend paid?
HIL pays dividends on a semi annually basis. The specific dates may vary each year but are generally around February, and July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does HIL pay?
The specific amount of HIL dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find HIL's dividend history.
Does HIL stock pay dividends?
Yes, HIL does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find HIL's dividend history.
How much dividend does HIL pay?
HIL paid ₹37.5 in 2024, ₹45.0 in 2023, ₹40.0 in 2022, ₹40.0 in 2021, and ₹20.0 in 2020.
How often does HIL pay dividends?
HIL typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around February, and July.
What is HIL's dividend yield?
The current dividend yield for HIL is 1.46%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate HIL's exact dividend yield.
When does HIL go ex dividend?
HIL's ex-dividend date for the latest dividend was on 2024-07-23. HIL typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next HIL dividend paid?
HIL pays dividends on a semi annually basis, typically around February, or July, but the exact dates can vary each year.
Will HIL increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether HIL will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is HIL dividend per share?
HIL paid ₹37.5 per share in 2024 and ₹45.0 per share in 2023. The amount of dividend per share that HIL pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is HIL a dividend aristocrat?
No, 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 HIL a dividend king?
No, 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 HIL a dividend stock?
Yes, HIL is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is HIL a good dividend stock?
Whether HIL is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. HIL has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating HIL 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.
Other factors to consider when evaluating HIL 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.
Does HIL pay dividends monthly?
HIL typically pays dividends on a semi annually basis.
Does HIL pay dividends quarterly?
HIL currently pays dividends on a semi annually basis.
Has HIL ever paid a dividend?
Yes, HIL has a history of paying dividends to its shareholders. HIL is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy HIL dividend stocks?
To buy HIL 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy HIL 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.
Place an order: Use the brokerage's trading platform to place an order to buy HIL 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.
When does HIL pay dividends 2024?
HIL pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-22. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will HIL increase its dividend in 2024?
Decisions regarding HIL dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date HIL dividend overview you can look into the above table of dividend history.
How HIL dividend works?
The HIL dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how HIL's dividend process works:
1. Determination of Dividend: HIL'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, HIL 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, HIL 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 HIL 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. Determination of Dividend: HIL'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, HIL 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, HIL 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 HIL 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.
How are HIL dividends paid?
HIL dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: HIL 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, HIL distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: HIL 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.
1. Record Date: HIL 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, HIL distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: HIL 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.
How many times does HIL pay dividends?
HIL typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does HIL pay dividends?
The general pattern is that HIL pays dividends around February, and July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is HIL dividend safe?
The safety of HIL's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of HIL'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 HIL'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.
To assess the safety of HIL'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 HIL'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.