India Nippon Electricals Limited designs, manufactures, and sells electronic ignition systems for auto industry in India and internationally. The company offers AC generator products, such as flywheel magneto, stator, and rotor products, as well as CDI and TCI products; regulator and rectifier units, ignition coils, exhaust gas recirculation controllers, engine controller units, auto choke-generation purpose engines, dual output ignition products, non-contact and contact type throttle position sensors, and PM alternators. Its products have applications in two-wheelers, three wheelers, and portable engines. The company was incorporated in 1984 and is based in Chennai, India.
India Nippon Electricals Dividend Announcement
• India Nippon Electricals announced a annually dividend of ₹10.25 per ordinary share which will be made payable on . Ex dividend date: 2024-02-23
• India Nippon Electricals annual dividend for 2024 was ₹10.25
• India Nippon Electricals annual dividend for 2023 was ₹9.25
• India Nippon Electricals's trailing twelve-month (TTM) dividend yield is 1.48%
• India Nippon Electricals's dividend growth over the last five years (2018-2023) was -0.53% year
• India Nippon Electricals's dividend growth over the last ten years (2013-2023) was 0.27% year
India Nippon Electricals Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-02-23 | ₹10.25 | annually | |
2023-02-24 | ₹9.25 | annually | 2023-03-03 |
2022-02-21 | ₹6.25 | annually | 2022-03-12 |
2021-04-08 | ₹6.00 | annually | 2021-04-25 |
2020-03-24 | ₹3.75 | annually | 2020-04-15 |
2020-02-18 | ₹3.00 | annually | 2020-03-11 |
2019-04-12 | ₹4.00 | annually | 2019-05-05 |
2019-02-21 | ₹3.00 | annually | 2019-02-27 |
2018-05-17 | ₹3.50 | annually | 2018-05-24 |
2018-02-08 | ₹6.00 | annually | 2018-02-16 |
2017-04-11 | ₹6.00 | annually | 2017-04-18 |
2017-02-07 | ₹4.00 | annually | 2017-02-26 |
2016-04-06 | ₹5.00 | annually | 2016-09-26 |
2016-02-10 | ₹4.00 | annually | 2016-02-28 |
2015-08-20 | ₹4.50 | annually | |
2015-02-18 | ₹4.50 | annually | 2015-02-27 |
2014-06-03 | ₹5.00 | annually | 2014-06-12 |
2014-02-10 | ₹4.00 | annually | 2014-02-18 |
2013-06-10 | ₹5.00 | annually | 2013-09-25 |
2013-02-15 | ₹4.00 | annually | 2013-03-08 |
India Nippon Electricals Dividend per year
India Nippon Electricals Dividend growth
India Nippon Electricals Dividend Yield
India Nippon Electricals current trailing twelve-month (TTM) dividend yield is 1.48%. Interested in purchasing India Nippon Electricals stock? Use our calculator to estimate your expected dividend yield:
India Nippon Electricals Financial Ratios
India Nippon Electricals Dividend FAQ
Other factors to consider when evaluating India Nippon Electricals 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 Nippon Electricals'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 Nippon Electricals 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 Nippon Electricals 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 Nippon Electricals 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 Nippon Electricals 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 Nippon Electricals 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 Nippon Electricals 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 Nippon Electricals'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 Nippon Electricals'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.