Ice Make Refrigeration Limited manufactures and supplies refrigeration products and equipment in India. The company offers its products under the categories of cold rooms and storage, commercial refrigeration, industrial refrigeration, transport refrigeration, and ammonia refrigeration products. It provides customized cooling solutions to various industries, including hospitality, frozen, dairy, horticulture, medicare, pharmaceuticals, retail, plastic, chemical, beverages, mineral water, ice cream, bakery, and other industries. The company also exports its products. Ice Make Refrigeration Limited was founded in 1989 and is based in Gandhinagar, India.
Ice Make Refrigeration Dividend Announcement
• Ice Make Refrigeration announced a annually dividend of ₹2.00 per ordinary share which will be made payable on 2024-10-28. Ex dividend date: 2024-09-20 • Ice Make Refrigeration annual dividend for 2024 was ₹2.00 • Ice Make Refrigeration annual dividend for 2023 was ₹1.80 • Ice Make Refrigeration's trailing twelve-month (TTM) dividend yield is 0.26% • Ice Make Refrigeration's dividend growth over the last five years (2018-2023) was 12.47% year
Ice Make Refrigeration current trailing twelve-month (TTM) dividend yield is 0.26%. Interested in purchasing Ice Make Refrigeration stock? Use our calculator to estimate your expected dividend yield:
Ice Make Refrigeration Financial Ratios
P/E ratio49.47
PEG ratio1.27
P/B ratio11.68
ROE27.22%
Payout ratio0.00%
Current ratio1.72
Quick ratio0.99
Cash Ratio0.06
Ice Make Refrigeration Dividend FAQ
How much is the next Ice Make Refrigeration dividend?
Ice Make Refrigeration's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Ice Make Refrigeration dividend. The next Ice Make Refrigeration dividend will be released in September.
When is Ice Make Refrigeration dividend paid?
Ice Make Refrigeration 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 Ice Make Refrigeration pay?
The specific amount of Ice Make Refrigeration 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 Ice Make Refrigeration's dividend history.
Does Ice Make Refrigeration stock pay dividends?
Yes, Ice Make Refrigeration 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 Ice Make Refrigeration's dividend history.
How much dividend does Ice Make Refrigeration pay?
Ice Make Refrigeration paid ₹2.0 in 2024, ₹1.8 in 2023, ₹1.2 in 2022, ₹1.2 in 2021, and ₹1.2 in 2020.
How often does Ice Make Refrigeration pay dividends?
Ice Make Refrigeration 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 Ice Make Refrigeration's dividend yield?
The current dividend yield for Ice Make Refrigeration is 0.26%. 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 Ice Make Refrigeration's exact dividend yield.
When does Ice Make Refrigeration go ex dividend?
Ice Make Refrigeration's ex-dividend date for the latest dividend was on 2024-09-20. Ice Make Refrigeration 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 Ice Make Refrigeration dividend paid?
Ice Make Refrigeration pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Ice Make Refrigeration 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 Ice Make Refrigeration 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 Ice Make Refrigeration dividend per share?
Ice Make Refrigeration paid ₹2.0 per share in 2024 and ₹1.8 per share in 2023. The amount of dividend per share that Ice Make Refrigeration 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 Ice Make Refrigeration 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 Ice Make Refrigeration 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 Ice Make Refrigeration a dividend stock?
Yes, Ice Make Refrigeration is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Ice Make Refrigeration a good dividend stock?
Whether Ice Make Refrigeration is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Ice Make Refrigeration has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Ice Make Refrigeration 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 Ice Make Refrigeration pay dividends monthly?
Ice Make Refrigeration typically pays dividends on a annually basis.
Does Ice Make Refrigeration pay dividends quarterly?
Ice Make Refrigeration currently pays dividends on a annually basis.
Has Ice Make Refrigeration ever paid a dividend?
Yes, Ice Make Refrigeration has a history of paying dividends to its shareholders. Ice Make Refrigeration is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ice Make Refrigeration dividend stocks?
To buy Ice Make Refrigeration 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 Ice Make Refrigeration 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 Ice Make Refrigeration pay dividends 2024?
Ice Make Refrigeration pays dividends on a annually basis. 2024 dividend payments are in 2024-10-28. 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 Ice Make Refrigeration increase its dividend in 2024?
Decisions regarding Ice Make Refrigeration 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 Ice Make Refrigeration dividend overview you can look into the above table of dividend history.
How Ice Make Refrigeration dividend works?
The Ice Make Refrigeration 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 Ice Make Refrigeration's dividend process works:
1. Determination of Dividend: Ice Make Refrigeration'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, Ice Make Refrigeration 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, Ice Make Refrigeration 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 Ice Make Refrigeration 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 Ice Make Refrigeration dividends paid?
Ice Make Refrigeration dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Ice Make Refrigeration 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, Ice Make Refrigeration distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ice Make Refrigeration 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 Ice Make Refrigeration pay dividends?
Ice Make Refrigeration 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 Ice Make Refrigeration pay dividends?
The general pattern is that Ice Make Refrigeration 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 Ice Make Refrigeration dividend safe?
The safety of Ice Make Refrigeration'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 Ice Make Refrigeration'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 Ice Make Refrigeration'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.