Hindustan Tin Works Ltd. engages in the manufacture and export of cans, printed sheets, and related components to consumer marketing companies. It operates through the Manufacturing, and Trading segments. The Manufacturing segment involves in the manufacture of metal containers, components, and printed and lacquered sheets. The company was founded on December 11, 1958 and is headquartered in New Delhi, India.
Hindustan Tin Works Dividend Announcement
• Hindustan Tin Works announced a annually dividend of ₹1.20 per ordinary share which will be made payable on 2024-10-27. Ex dividend date: 2024-09-20 • Hindustan Tin Works annual dividend for 2024 was ₹1.20 • Hindustan Tin Works annual dividend for 2023 was ₹1.20 • Hindustan Tin Works's trailing twelve-month (TTM) dividend yield is 0.67% • Hindustan Tin Works's dividend growth over the last five years (2018-2023) was 3.71% year • Hindustan Tin Works's dividend growth over the last ten years (2013-2023) was 9.15% year
Hindustan Tin Works current trailing twelve-month (TTM) dividend yield is 0.67%. Interested in purchasing Hindustan Tin Works stock? Use our calculator to estimate your expected dividend yield:
Hindustan Tin Works Financial Ratios
P/E ratio14.41
PEG ratio-0.89
P/B ratio0.97
ROE6.93%
Payout ratio0.00%
Current ratio2.48
Quick ratio1.66
Cash Ratio0.00
Hindustan Tin Works Dividend FAQ
How much is the next Hindustan Tin Works dividend?
Hindustan Tin Works's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Hindustan Tin Works dividend. The next Hindustan Tin Works dividend will be released in September.
When is Hindustan Tin Works dividend paid?
Hindustan Tin Works 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 Hindustan Tin Works pay?
The specific amount of Hindustan Tin Works 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 Hindustan Tin Works's dividend history.
Does Hindustan Tin Works stock pay dividends?
Yes, Hindustan Tin Works 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 Hindustan Tin Works's dividend history.
How much dividend does Hindustan Tin Works pay?
Hindustan Tin Works paid ₹1.2 in 2024, ₹1.2 in 2023, ₹1.2 in 2022, ₹1.2 in 2021, and ₹0.6 in 2020.
How often does Hindustan Tin Works pay dividends?
Hindustan Tin Works 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 Hindustan Tin Works's dividend yield?
The current dividend yield for Hindustan Tin Works is 0.67%. 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 Hindustan Tin Works's exact dividend yield.
When does Hindustan Tin Works go ex dividend?
Hindustan Tin Works's ex-dividend date for the latest dividend was on 2024-09-20. Hindustan Tin Works 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 Hindustan Tin Works dividend paid?
Hindustan Tin Works pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Hindustan Tin Works 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 Hindustan Tin Works 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 Hindustan Tin Works dividend per share?
Hindustan Tin Works paid ₹1.2 per share in 2024 and ₹1.2 per share in 2023. The amount of dividend per share that Hindustan Tin Works 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 Hindustan Tin Works 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 Hindustan Tin Works 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 Hindustan Tin Works a dividend stock?
Yes, Hindustan Tin Works is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hindustan Tin Works a good dividend stock?
Whether Hindustan Tin Works is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Hindustan Tin Works has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Hindustan Tin Works 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 Hindustan Tin Works pay dividends monthly?
Hindustan Tin Works typically pays dividends on a annually basis.
Does Hindustan Tin Works pay dividends quarterly?
Hindustan Tin Works currently pays dividends on a annually basis.
Has Hindustan Tin Works ever paid a dividend?
Yes, Hindustan Tin Works has a history of paying dividends to its shareholders. Hindustan Tin Works is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hindustan Tin Works dividend stocks?
To buy Hindustan Tin Works 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 Hindustan Tin Works 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 Hindustan Tin Works pay dividends 2024?
Hindustan Tin Works pays dividends on a annually basis. 2024 dividend payments are in 2024-10-27. 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 Hindustan Tin Works increase its dividend in 2024?
Decisions regarding Hindustan Tin Works 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 Hindustan Tin Works dividend overview you can look into the above table of dividend history.
How Hindustan Tin Works dividend works?
The Hindustan Tin Works 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 Hindustan Tin Works's dividend process works:
1. Determination of Dividend: Hindustan Tin Works'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 Tin Works 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 Tin Works 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 Tin Works 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 Hindustan Tin Works dividends paid?
Hindustan Tin Works dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Hindustan Tin Works 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 Tin Works 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 Tin Works 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 Hindustan Tin Works pay dividends?
Hindustan Tin Works 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 Hindustan Tin Works pay dividends?
The general pattern is that Hindustan Tin Works 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 Hindustan Tin Works dividend safe?
The safety of Hindustan Tin Works'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 Hindustan Tin Works'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 Tin Works'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.