company-logo

Hisar Metal Industries Limited manufactures and sells cold rolled stainless steel strips, and stainless steel welded tubes and pipes in India. The company also exports its products. Hisar Metal Industries Limited was incorporated in 1990 and is based in Hisar, India.

Hisar Metal Industries Dividend Announcement

Hisar Metal Industries announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-10-20. Ex dividend date: 2024-09-09
Hisar Metal Industries annual dividend for 2024 was ₹1.00
Hisar Metal Industries annual dividend for 2023 was ₹1.00
Hisar Metal Industries's trailing twelve-month (TTM) dividend yield is 0.53%

Hisar Metal Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-09₹1.00annually2024-10-20
2023-09-11₹1.00annually2023-10-22
2022-09-09₹1.00annually2022-10-23
2021-09-08₹1.00annually2021-10-23
2020-09-17₹1.00annually2020-10-29
2019-09-12₹1.00annually2019-10-23
2018-09-12₹1.00annually2018-10-27
2017-09-14₹1.00annually2017-10-27

Hisar Metal Industries Dividend per year

Hisar Metal Industries Dividend growth

Hisar Metal Industries Dividend Yield

Hisar Metal Industries current trailing twelve-month (TTM) dividend yield is 0.53%. Interested in purchasing Hisar Metal Industries stock? Use our calculator to estimate your expected dividend yield:

Hisar Metal Industries Financial Ratios

P/E ratio18.22
PEG ratio1.61
P/B ratio1.68
ROE9.62%
Payout ratio0.00%
Current ratio1.61
Quick ratio0.83
Cash Ratio0.05

Hisar Metal Industries Dividend FAQ

How much is the next Hisar Metal Industries dividend?
Hisar Metal 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 Hisar Metal Industries dividend. The next Hisar Metal Industries dividend will be released in September.
When is Hisar Metal Industries dividend paid?
Hisar Metal 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 Hisar Metal Industries pay?
The specific amount of Hisar Metal 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 Hisar Metal Industries's dividend history.
Does Hisar Metal Industries stock pay dividends?
Yes, Hisar Metal 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 Hisar Metal Industries's dividend history.
How much dividend does Hisar Metal Industries pay?
Hisar Metal Industries paid ₹1 in 2024, ₹1 in 2023, ₹1 in 2022, ₹1 in 2021, and ₹1 in 2020.
How often does Hisar Metal Industries pay dividends?
Hisar Metal 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 Hisar Metal Industries's dividend yield?
The current dividend yield for Hisar Metal Industries is 0.53%. 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 Hisar Metal Industries's exact dividend yield.
When does Hisar Metal Industries go ex dividend?
Hisar Metal Industries's ex-dividend date for the latest dividend was on 2024-09-09. Hisar Metal 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 Hisar Metal Industries dividend paid?
Hisar Metal Industries pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Hisar Metal 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 Hisar Metal 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 Hisar Metal Industries dividend per share?
Hisar Metal Industries paid ₹1 per share in 2024 and ₹1 per share in 2023. The amount of dividend per share that Hisar Metal 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 Hisar Metal 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 Hisar Metal 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 Hisar Metal Industries a dividend stock?
Yes, Hisar Metal Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Hisar Metal Industries a good dividend stock?
Whether Hisar Metal 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. Hisar Metal Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Hisar Metal 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 Hisar Metal Industries pay dividends monthly?
Hisar Metal Industries typically pays dividends on a annually basis.
Does Hisar Metal Industries pay dividends quarterly?
Hisar Metal Industries currently pays dividends on a annually basis.
Has Hisar Metal Industries ever paid a dividend?
Yes, Hisar Metal Industries has a history of paying dividends to its shareholders. Hisar Metal Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Hisar Metal Industries dividend stocks?
To buy Hisar Metal 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 Hisar Metal 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 Hisar Metal Industries pay dividends 2024?
Hisar Metal Industries pays dividends on a annually basis. 2024 dividend payments are in 2024-10-20. 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 Hisar Metal Industries increase its dividend in 2024?
Decisions regarding Hisar Metal 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 Hisar Metal Industries dividend overview you can look into the above table of dividend history.
How Hisar Metal Industries dividend works?
The Hisar Metal 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 Hisar Metal Industries's dividend process works:

1. Determination of Dividend: Hisar Metal 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, Hisar Metal 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, Hisar Metal 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 Hisar Metal 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 Hisar Metal Industries dividends paid?
Hisar Metal Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Hisar Metal 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, Hisar Metal 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: Hisar Metal 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 Hisar Metal Industries pay dividends?
Hisar Metal 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 Hisar Metal Industries pay dividends?
The general pattern is that Hisar Metal 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 Hisar Metal Industries dividend safe?
The safety of Hisar Metal 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 Hisar Metal 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 Hisar Metal 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.