Hindustan Aeronautics Limited engages in the design, development, manufacture, repair, overhaul, upgrade, and servicing of aircraft, helicopters, aero-engines, avionics, accessories, and aerospace structures in India and internationally. The company provides power plants; materials, including castings, general and precision forgings, powder metallurgy products, rubber products, rolled rings, and composites; and aerospace products, which include structures, tanks, and cryogenic engines. It also offers avionics, such as inertial navigation systems, auto stabilizers, head-up displays, laser range systems, flight data recorders, communication equipment, radio navigation equipment, airborne secondary radars, missile inertial navigation systems, radar computers, and ground radars; and system and accessories comprising hydraulic, wheels and brake, flight control, oxygen, and fuel management systems, as well as ejector release units, panel instruments, gyroscopic/barometric instruments, and hydraulic pumps. In addition, the company provides various services in the areas of aircraft and helicopters MRO, and power plants, as well as systems, accessories, and avionics. It serves space, defense, and civil industries. The company has a collaboration agreement with Rolls-Royce Holdings plc to expand the supply chain for Adour engine parts in India to serve military customers. Hindustan Aeronautics Limited was incorporated in 1963 and is based in Bengaluru, India.
Hindustan Aeronautics Dividend Announcement
• Hindustan Aeronautics announced a semi annually dividend of ₹13.00 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-08-21
• Hindustan Aeronautics annual dividend for 2024 was ₹35.00
• Hindustan Aeronautics annual dividend for 2023 was ₹35.00
• Hindustan Aeronautics's trailing twelve-month (TTM) dividend yield is 0.82%
• Hindustan Aeronautics's dividend growth over the last five years (2018-2023) was 33.51% year
Hindustan Aeronautics Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-21 | ₹13.00 | semi annually | 2024-09-27 |
2024-02-20 | ₹22.00 | semi annually | 2024-03-13 |
2023-08-24 | ₹15.00 | semi annually | 2023-09-30 |
2023-03-20 | ₹20.00 | semi annually | 2023-04-09 |
2022-11-18 | ₹20.00 | semi annually | 2022-12-11 |
2022-08-19 | ₹10.00 | semi annually | 2022-09-28 |
2022-02-17 | ₹26.00 | semi annually | 2022-03-12 |
2021-11-23 | ₹14.00 | semi annually | 2021-12-11 |
2021-03-05 | ₹15.00 | semi annually | 2021-03-28 |
2020-12-17 | ₹15.00 | semi annually | 2021-01-08 |
2020-03-23 | ₹33.25 | semi annually | 2020-04-15 |
2019-03-28 | ₹19.80 | semi annually | 2019-04-17 |
2018-03-27 | ₹8.25 | semi annually | 2018-04-30 |
Hindustan Aeronautics Dividend per year
Hindustan Aeronautics Dividend growth
Hindustan Aeronautics Dividend Yield
Hindustan Aeronautics current trailing twelve-month (TTM) dividend yield is 0.82%. Interested in purchasing Hindustan Aeronautics stock? Use our calculator to estimate your expected dividend yield:
Hindustan Aeronautics Financial Ratios
Hindustan Aeronautics Dividend FAQ
Other factors to consider when evaluating Hindustan Aeronautics 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: Hindustan Aeronautics'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, Hindustan Aeronautics 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, Hindustan Aeronautics 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 Hindustan Aeronautics 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: Hindustan Aeronautics 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, Hindustan Aeronautics distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hindustan Aeronautics 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 Hindustan Aeronautics'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 Hindustan Aeronautics'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.