Honda India Power Products Limited manufactures and markets portable generators, water pumps, general purpose engines, lawn mowers, brush cutters, tillers, and backpack sprayers in India. It also exports its products to the United States, Europe, and internationally. The company was formerly known as Honda Siel Power Products Limited and changed its name to Honda India Power Products Limited in July 2020. The company was incorporated in 1985 and is headquartered in Gautam Buddha Nagar, India. Honda India Power Products Limited is a subsidiary of Honda Motor Co., Ltd.
Honda India Power Products Dividend Announcement
• Honda India Power Products announced a annually dividend of ₹17.50 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-08-29
• Honda India Power Products annual dividend for 2024 was ₹17.50
• Honda India Power Products annual dividend for 2023 was ₹16.50
• Honda India Power Products's trailing twelve-month (TTM) dividend yield is 0.47%
• Honda India Power Products's dividend growth over the last five years (2018-2023) was 12.89% year
• Honda India Power Products's dividend growth over the last ten years (2013-2023) was 15.22% year
Honda India Power Products Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-29 | ₹17.50 | annually | 2024-09-26 |
2023-08-03 | ₹16.50 | annually | 2023-09-05 |
2022-09-16 | ₹15.00 | annually | 2022-10-21 |
2021-09-14 | ₹10.00 | annually | 2021-10-19 |
2021-09-13 | ₹10.00 | annually | |
2020-09-11 | ₹12.50 | annually | 2020-10-19 |
2019-07-30 | ₹10.00 | annually | 2019-09-04 |
2018-08-03 | ₹9.00 | annually | 2018-09-10 |
2017-07-27 | ₹7.50 | annually | 2017-09-01 |
2016-08-03 | ₹6.00 | annually | 2016-09-07 |
2015-08-04 | ₹6.00 | annually | 2015-09-08 |
2014-07-24 | ₹4.00 | annually | 2014-09-02 |
2013-07-25 | ₹4.00 | annually | 2013-09-02 |
Honda India Power Products Dividend per year
Honda India Power Products Dividend growth
Honda India Power Products Dividend Yield
Honda India Power Products current trailing twelve-month (TTM) dividend yield is 0.47%. Interested in purchasing Honda India Power Products stock? Use our calculator to estimate your expected dividend yield:
Honda India Power Products Financial Ratios
Honda India Power Products Dividend FAQ
Other factors to consider when evaluating Honda India Power Products 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: Honda India Power Products'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, Honda India Power Products 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, Honda India Power Products 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 Honda India Power Products 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: Honda India Power Products 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, Honda India Power Products distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Honda India Power Products 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 Honda India Power Products'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 Honda India Power Products'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.