Hindalco Industries Limited, together with its subsidiaries, produces and sells aluminum and copper products in India and internationally. It operates through Aluminium, Copper, Novelis, and All Other segments. The company offers alumina; primary aluminum in the form of ingots, billets, and wire rods; aluminum flat rolled products (FRP); aluminum extrusions; and aluminum foil and packaging solutions for use in the automotive and transport, building and construction, aerospace and defense, electrical and electronics, pharmaceuticals and packaging, consumer durables and kitchenware, and white goods industries, as well as industrial applications. It also provides coarse alumina hydrate for use in alum, poly aluminum chloride, zeolites, aluminum fluoride, sodium aluminate, glass, catalysts, and aluminum hydroxide gel; and fine alumina hydrates, as well as flame retardants and smoke suppressants in cables, rubbers, plastics, etc.; and calcined alumina for use in ceramics, refractories, and polishing. In addition, the company offers copper products, including copper cathodes and continuous cast copper rods that are used in the agrochemical, automotive and transport, consumer durable, electrical equipment, railway, wire and cable, and EV and renewables industries. Further, it operates an all-weather jetty in the Gulf of Khambhat on the west coast of India; produces di-ammonium phosphate and nitrogen phosphorus potassium complexes; and offers phosphoric acid, phosphogypsum, sulfuric acid, copper slag, and aluminum fluoride, as well as sells gold, silver, and other materials. The company offers its aluminum extrusion products under the Hindalco extrusions, Maxloader, and Eternia brands; aluminum FRP under the Everlast brand; aluminum foils under the Freshwrapp and Superwrap brands; and copper products under the Birla Balwan brand. Hindalco Industries Limited was incorporated in 1958 and is based in Mumbai, India.
Hindalco Industries Dividend Announcement
• Hindalco Industries announced a annually dividend of ₹3.50 per ordinary share which will be made payable on 2024-08-27. Ex dividend date: 2024-08-09
• Hindalco Industries annual dividend for 2024 was ₹3.50
• Hindalco Industries's trailing twelve-month (TTM) dividend yield is 0.52%
Hindalco Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-09 | ₹3.50 | annually | 2024-08-27 |
2022-08-11 | ₹4.00 | annually | |
2021-08-12 | ₹3.00 | annually | |
2020-09-03 | ₹1.00 | annually | 2020-09-10 |
2019-08-14 | ₹1.20 | annually | 2019-08-30 |
2018-09-12 | ₹1.20 | annually | 2018-09-25 |
2017-09-05 | ₹1.10 | annually | 2017-10-13 |
2016-09-06 | ₹1.00 | annually | 2016-09-19 |
2015-09-07 | ₹1.00 | annually | 2015-09-21 |
2014-09-08 | ₹1.00 | annually | 2014-09-29 |
2013-08-30 | ₹1.40 | annually | 2013-09-13 |
2012-08-31 | ₹1.55 | annually | 2012-09-15 |
Hindalco Industries Dividend per year
Hindalco Industries Dividend growth
Hindalco Industries Dividend Yield
Hindalco Industries current trailing twelve-month (TTM) dividend yield is 0.52%. Interested in purchasing Hindalco Industries stock? Use our calculator to estimate your expected dividend yield:
Hindalco Industries Financial Ratios
Hindalco Industries Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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