India Motor Parts & Accessories Limited sells and distributes automobile spare parts and accessories in India. The company primarily offers oil seals; gaskets; hydraulic brake parts and brake fluid products; clutch cover assembly and clutch driven plate products; car fuel system components; fuel injection parts; crown wheel pinions; differential and transmission gears; auto cables; fan belts; radiators; shock absorbers, struts, engine bearings, Purolator filters, and PCVL rings; brake drums; head and tail lamps; axles shafts; and auto electrical components. It also provides clutch plates and cover assemblies; instrument clusters and dashboard instruments; rod ends and steering joints; valves and valve guides; automotive bearings; brake and clutch facings; air brake components; high tensile fasteners, socket head cap screws, powders, and metallurgy products; water and oil pumps; automotive rubber components; tires and tubes; turbos chargers; spokes, nipples and kits; UJ crosses; wheel rims; prop shafts and components; and steering assembly and components. The company was incorporated in 1954 and is based in Chennai, India.
India Motor Parts & Accessories Dividend Announcement
• India Motor Parts & Accessories announced a semi annually dividend of ₹18.00 per ordinary share which will be made payable on 2024-08-22. Ex dividend date: 2024-07-15
• India Motor Parts & Accessories annual dividend for 2024 was ₹27.00
• India Motor Parts & Accessories annual dividend for 2023 was ₹24.00
• India Motor Parts & Accessories's trailing twelve-month (TTM) dividend yield is 2.21%
• India Motor Parts & Accessories's dividend growth over the last five years (2018-2023) was 16.89% year
• India Motor Parts & Accessories's dividend growth over the last ten years (2013-2023) was 10.31% year
India Motor Parts & Accessories Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-15 | ₹18.00 | semi annually | 2024-08-22 |
2024-02-08 | ₹9.00 | semi annually | |
2023-07-21 | ₹15.00 | semi annually | 2023-08-29 |
2023-02-09 | ₹9.00 | semi annually | 2023-03-01 |
2022-06-09 | ₹13.00 | semi annually | 2022-06-27 |
2021-08-31 | ₹10.00 | semi annually | 2021-10-08 |
2021-08-30 | ₹10.00 | semi annually | |
2020-03-12 | ₹10.00 | semi annually | 2020-03-23 |
2019-09-11 | ₹12.00 | semi annually | 2019-10-16 |
2019-09-09 | ₹8.00 | semi annually | |
2019-06-10 | ₹10.00 | semi annually | 2019-06-27 |
2018-06-11 | ₹11.00 | semi annually | 2018-06-29 |
2017-08-24 | ₹6.00 | semi annually | 2017-09-08 |
2017-02-07 | ₹5.00 | semi annually | 2017-02-26 |
2016-03-17 | ₹6.50 | semi annually | 2016-03-23 |
2015-11-17 | ₹2.50 | semi annually | 2015-12-02 |
2015-06-09 | ₹10.00 | semi annually | 2015-09-18 |
2014-11-10 | ₹4.00 | semi annually | 2015-02-01 |
2014-06-04 | ₹9.00 | semi annually | 2014-10-29 |
2013-07-30 | ₹2.50 | semi annually | 2013-09-07 |
2013-02-15 | ₹6.50 | semi annually | 2013-03-13 |
India Motor Parts & Accessories Dividend per year
India Motor Parts & Accessories Dividend growth
India Motor Parts & Accessories Dividend Yield
India Motor Parts & Accessories current trailing twelve-month (TTM) dividend yield is 2.21%. Interested in purchasing India Motor Parts & Accessories stock? Use our calculator to estimate your expected dividend yield:
India Motor Parts & Accessories Financial Ratios
India Motor Parts & Accessories Dividend FAQ
Other factors to consider when evaluating India Motor Parts & Accessories 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: India Motor Parts & Accessories'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, India Motor Parts & Accessories 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, India Motor Parts & Accessories 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 India Motor Parts & Accessories 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: India Motor Parts & Accessories 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, India Motor Parts & Accessories distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: India Motor Parts & Accessories 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 India Motor Parts & Accessories'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 India Motor Parts & Accessories'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.