Indian Metals and Ferro Alloys Limited produces and sells ferro chrome in India. It also offers fly-ash bricks and low-density aggregates. The company exports its products to Korea, China, Japan, and Taiwan. Indian Metals and Ferro Alloys Limited was incorporated in 1961 and is headquartered in Bhubaneswar, India.
Indian Metals and Ferro Alloys Dividend Announcement
• Indian Metals and Ferro Alloys announced a quarterly dividend of ₹10.00 per ordinary share which will be made payable on 2024-12-07. Ex dividend date: 2024-11-14 • Indian Metals and Ferro Alloys annual dividend for 2024 was ₹32.50 • Indian Metals and Ferro Alloys annual dividend for 2023 was ₹12.50 • Indian Metals and Ferro Alloys's trailing twelve-month (TTM) dividend yield is 3.38%
Indian Metals and Ferro Alloys current trailing twelve-month (TTM) dividend yield is 3.38%. Interested in purchasing Indian Metals and Ferro Alloys stock? Use our calculator to estimate your expected dividend yield:
Indian Metals and Ferro Alloys Financial Ratios
P/E ratio11.97
PEG ratio0.21
P/B ratio2.22
ROE20.01%
Payout ratio0.00%
Current ratio2.91
Quick ratio1.92
Cash Ratio0.01
Indian Metals and Ferro Alloys Dividend FAQ
How much is the next Indian Metals and Ferro Alloys dividend?
Indian Metals and Ferro Alloys's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Indian Metals and Ferro Alloys dividend. The next Indian Metals and Ferro Alloys dividend will be released in July, or November.
When is Indian Metals and Ferro Alloys dividend paid?
Indian Metals and Ferro Alloys pays dividends on a quarterly basis. The specific dates may vary each year but are generally around July, and November. 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 Indian Metals and Ferro Alloys pay?
The specific amount of Indian Metals and Ferro Alloys 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 Indian Metals and Ferro Alloys's dividend history.
Does Indian Metals and Ferro Alloys stock pay dividends?
Yes, Indian Metals and Ferro Alloys 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 Indian Metals and Ferro Alloys's dividend history.
How much dividend does Indian Metals and Ferro Alloys pay?
Indian Metals and Ferro Alloys paid ₹32.5 in 2024, ₹12.5 in 2023, ₹12.5 in 2022, ₹15.0 in 2021, and ₹0.0 in 2020.
How often does Indian Metals and Ferro Alloys pay dividends?
Indian Metals and Ferro Alloys typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around July, and November.
What is Indian Metals and Ferro Alloys's dividend yield?
The current dividend yield for Indian Metals and Ferro Alloys is 3.38%. 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 Indian Metals and Ferro Alloys's exact dividend yield.
When does Indian Metals and Ferro Alloys go ex dividend?
Indian Metals and Ferro Alloys's ex-dividend date for the latest dividend was on 2024-11-14. Indian Metals and Ferro Alloys 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 Indian Metals and Ferro Alloys dividend paid?
Indian Metals and Ferro Alloys pays dividends on a quarterly basis, typically around July, or November, but the exact dates can vary each year.
Will Indian Metals and Ferro Alloys 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 Indian Metals and Ferro Alloys 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 Indian Metals and Ferro Alloys dividend per share?
Indian Metals and Ferro Alloys paid ₹32.5 per share in 2024 and ₹12.5 per share in 2023. The amount of dividend per share that Indian Metals and Ferro Alloys 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 Indian Metals and Ferro Alloys 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 Indian Metals and Ferro Alloys 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 Indian Metals and Ferro Alloys a dividend stock?
Yes, Indian Metals and Ferro Alloys is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Indian Metals and Ferro Alloys a good dividend stock?
Whether Indian Metals and Ferro Alloys is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Indian Metals and Ferro Alloys has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Indian Metals and Ferro Alloys 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 Indian Metals and Ferro Alloys pay dividends monthly?
Indian Metals and Ferro Alloys typically pays dividends on a quarterly basis.
Does Indian Metals and Ferro Alloys pay dividends quarterly?
Indian Metals and Ferro Alloys currently pays dividends on a quarterly basis.
Has Indian Metals and Ferro Alloys ever paid a dividend?
Yes, Indian Metals and Ferro Alloys has a history of paying dividends to its shareholders. Indian Metals and Ferro Alloys is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Indian Metals and Ferro Alloys dividend stocks?
To buy Indian Metals and Ferro Alloys 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 Indian Metals and Ferro Alloys 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 Indian Metals and Ferro Alloys pay dividends 2024?
Indian Metals and Ferro Alloys pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-07. 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 Indian Metals and Ferro Alloys increase its dividend in 2024?
Decisions regarding Indian Metals and Ferro Alloys 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 Indian Metals and Ferro Alloys dividend overview you can look into the above table of dividend history.
How Indian Metals and Ferro Alloys dividend works?
The Indian Metals and Ferro Alloys 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 Indian Metals and Ferro Alloys's dividend process works:
1. Determination of Dividend: Indian Metals and Ferro Alloys'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 Metals and Ferro Alloys 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 Metals and Ferro Alloys 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 Metals and Ferro Alloys 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 Indian Metals and Ferro Alloys dividends paid?
Indian Metals and Ferro Alloys dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Indian Metals and Ferro Alloys 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 Metals and Ferro Alloys 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 Metals and Ferro Alloys 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 Indian Metals and Ferro Alloys pay dividends?
Indian Metals and Ferro Alloys typically pays dividends on a quarterly 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 Indian Metals and Ferro Alloys pay dividends?
The general pattern is that Indian Metals and Ferro Alloys pays dividends around July, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Indian Metals and Ferro Alloys dividend safe?
The safety of Indian Metals and Ferro Alloys'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 Indian Metals and Ferro Alloys'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 Metals and Ferro Alloys'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.