Hind Aluminium Industries Ltd. engages in manufacture of wire rods and conductors. The firm is also in the business of mining and power generation. It operates through the following segments: Aluminum Products, and Power. The Aluminum products segment refers to the production and marketing operations of the aluminium wire rods and conductors. The Power segment represents power generation activities operated through wind mills and solar power plants. The company was founded by Lalit Kumar Daga in 1973 and is headquartered in Mumbai, India.
Hind Aluminium Industries Dividend Announcement
• Hind Aluminium Industries announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2019-10-07. Ex dividend date: 2019-09-04 • Hind Aluminium Industries's trailing twelve-month (TTM) dividend yield is -%
Hind Aluminium Industries current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Hind Aluminium Industries stock? Use our calculator to estimate your expected dividend yield:
Hind Aluminium Industries Financial Ratios
P/E ratio4.63
PEG ratio-0.55
P/B ratio0.57
ROE12.56%
Payout ratio0.00%
Current ratio16.21
Quick ratio16.21
Cash Ratio0.06
Hind Aluminium Industries Dividend FAQ
How much is the next Hind Aluminium Industries dividend?
Hind Aluminium Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hind Aluminium Industries dividend. The next Hind Aluminium Industries dividend will be released in September.
When is Hind Aluminium Industries dividend paid?
Hind Aluminium Industries pays dividends on a annually basis. The specific dates may vary each year but are generally around September. 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 Hind Aluminium Industries pay?
The specific amount of Hind Aluminium Industries 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 Hind Aluminium Industries's dividend history.
Does Hind Aluminium Industries stock pay dividends?
Yes, Hind Aluminium Industries 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 Hind Aluminium Industries's dividend history.
How much dividend does Hind Aluminium Industries pay?
Hind Aluminium Industries paid ₹0.0 in 2024, ₹0.0 in 2023, ₹0.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does Hind Aluminium Industries pay dividends?
Hind Aluminium Industries typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around September.
What is Hind Aluminium Industries's dividend yield?
The current dividend yield for Hind Aluminium Industries is -%. 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 Hind Aluminium Industries's exact dividend yield.
When does Hind Aluminium Industries go ex dividend?
Hind Aluminium Industries's ex-dividend date for the latest dividend was on 2019-09-04. Hind Aluminium Industries 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 Hind Aluminium Industries dividend paid?
Hind Aluminium Industries pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Hind Aluminium Industries 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 Hind Aluminium Industries 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 Hind Aluminium Industries dividend per share?
Hind Aluminium Industries paid ₹0.0 per share in 2024 and ₹0.0 per share in 2023. The amount of dividend per share that Hind Aluminium Industries 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 Hind Aluminium Industries 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 Hind Aluminium Industries 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 Hind Aluminium Industries a dividend stock?
Yes, Hind Aluminium Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hind Aluminium Industries a good dividend stock?
Whether Hind Aluminium Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hind Aluminium Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Hind Aluminium Industries 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 Hind Aluminium Industries pay dividends monthly?
Hind Aluminium Industries typically pays dividends on a annually basis.
Does Hind Aluminium Industries pay dividends quarterly?
Hind Aluminium Industries currently pays dividends on a annually basis.
Has Hind Aluminium Industries ever paid a dividend?
Yes, Hind Aluminium Industries has a history of paying dividends to its shareholders. Hind Aluminium Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hind Aluminium Industries dividend stocks?
To buy Hind Aluminium Industries 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 Hind Aluminium Industries 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 Hind Aluminium Industries pay dividends 2024?
Hind Aluminium Industries pays dividends on a annually basis. 2024 dividend payments are in 2019-10-07. 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 Hind Aluminium Industries increase its dividend in 2024?
Decisions regarding Hind Aluminium Industries 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 Hind Aluminium Industries dividend overview you can look into the above table of dividend history.
How Hind Aluminium Industries dividend works?
The Hind Aluminium Industries 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 Hind Aluminium Industries's dividend process works:
1. Determination of Dividend: Hind Aluminium Industries'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, Hind Aluminium Industries 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, Hind Aluminium Industries 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 Hind Aluminium Industries 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 Hind Aluminium Industries dividends paid?
Hind Aluminium Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Hind Aluminium Industries 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, Hind Aluminium Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hind Aluminium Industries 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 Hind Aluminium Industries pay dividends?
Hind Aluminium Industries typically pays dividends on a 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 Hind Aluminium Industries pay dividends?
The general pattern is that Hind Aluminium Industries pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Hind Aluminium Industries dividend safe?
The safety of Hind Aluminium Industries'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 Hind Aluminium Industries'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 Hind Aluminium Industries'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.