The Indian Hume Pipe Company Limited engages in the construction contract activities in India. It is involved in manufacturing, laying, and jointing pipelines business. The company undertakes water supply projects for the supply of drinking and irrigation water; and sewer and drainage pipelines for cities and towns, as well as provides penstock pipes for hydroelectric projects. It also offers prestressed concrete pipes, prestressed concrete cylinder pipes, bar wrapped steel cylinder pipes, steel pipes, reinforced cement concrete pipes, and penstock pipes; and manufactures and supplies prestressed concrete monoblock sleepers for Railways. In addition, the company undertakes various other projects, such as tunnel lining; and head works, including pumping machinery, treatment plants, overhead tanks, and other civil construction projects. Further, it is involved in the development of land. The company was incorporated in 1926 and is headquartered in Mumbai, India. The Indian Hume Pipe Company Limited is a subsidiary of IHP Finvest Ltd.
Indian Hume Pipe Dividend Announcement
• Indian Hume Pipe announced a annually dividend of ₹1.50 per ordinary share which will be made payable on 2024-08-31. Ex dividend date: 2024-07-19
• Indian Hume Pipe annual dividend for 2024 was ₹1.50
• Indian Hume Pipe annual dividend for 2023 was ₹1.00
• Indian Hume Pipe's trailing twelve-month (TTM) dividend yield is 0.34%
• Indian Hume Pipe's dividend growth over the last five years (2018-2023) was -21.71% year
• Indian Hume Pipe's dividend growth over the last ten years (2013-2023) was -7.58% year
Indian Hume Pipe Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-19 | ₹1.50 | annually | 2024-08-31 |
2023-07-21 | ₹1.00 | annually | 2023-09-02 |
2022-07-14 | ₹2.00 | annually | 2022-08-27 |
2021-08-12 | ₹2.00 | annually | 2021-09-25 |
2020-08-21 | ₹2.00 | annually | 2020-09-08 |
2019-07-12 | ₹3.60 | annually | 2019-08-25 |
2018-07-06 | ₹3.40 | annually | 2018-08-19 |
2017-06-28 | ₹2.40 | annually | 2017-08-09 |
2017-02-15 | ₹1.00 | annually | 2017-03-10 |
2016-03-17 | ₹0.20 | annually | 2016-08-25 |
2015-07-22 | ₹3.00 | annually | 2015-09-03 |
2014-07-08 | ₹2.40 | annually | |
2013-07-10 | ₹2.20 | annually | 2013-08-24 |
Indian Hume Pipe Dividend per year
Indian Hume Pipe Dividend growth
Indian Hume Pipe Dividend Yield
Indian Hume Pipe current trailing twelve-month (TTM) dividend yield is 0.34%. Interested in purchasing Indian Hume Pipe stock? Use our calculator to estimate your expected dividend yield:
Indian Hume Pipe Financial Ratios
Indian Hume Pipe Dividend FAQ
Other factors to consider when evaluating Indian Hume Pipe 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: Indian Hume Pipe'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, Indian Hume Pipe 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, Indian Hume Pipe 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 Indian Hume Pipe 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: Indian Hume Pipe 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, Indian Hume Pipe distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Indian Hume Pipe 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 Indian Hume Pipe'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 Indian Hume Pipe'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.