Indo National Limited, together with its subsidiaries, manufactures and distributes dry cell batteries and lighting products in India. It offers AA, AAA, C&D, alkaline, and 9V batteries; torches; and emergency power backup products, as well as mosquito bats. The company also provides square LED downlights, rechargeable bulb, pulsar linear, head lamp, LED tubelights, LED bulbs, LED flood lights, and grid-based LED street lights. In addition, it offers razors and blades under DORCO brand, electrical accessories, and other FMCG products. The company was formerly known as Nippo Batteries Co. Ltd. and changed its name to Indo National Limited in April 2013. Indo National Limited was incorporated in 1972 and is headquartered in Chennai, India.
Indo National Dividend Announcement
• Indo National announced a annually dividend of ₹5.00 per ordinary share which will be made payable on 2024-10-26. Ex dividend date: 2024-09-19
• Indo National annual dividend for 2024 was ₹5.00
• Indo National annual dividend for 2023 was ₹5.00
• Indo National's trailing twelve-month (TTM) dividend yield is 0.92%
• Indo National's dividend growth over the last five years (2018-2023) was -24.21% year
• Indo National's dividend growth over the last ten years (2013-2023) was -6.70% year
Indo National Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-19 | ₹5.00 | annually | 2024-10-26 |
2023-09-20 | ₹5.00 | annually | 2023-10-27 |
2022-09-19 | ₹5.00 | annually | 2022-10-06 |
2021-09-21 | ₹25.00 | annually | 2021-10-29 |
2020-09-18 | ₹5.00 | annually | 2020-10-08 |
2019-09-13 | ₹20.00 | annually | 2019-10-23 |
2018-09-14 | ₹20.00 | annually | 2018-10-03 |
2017-09-15 | ₹25.00 | annually | 2017-10-25 |
2016-09-15 | ₹25.00 | annually | 2016-10-23 |
2015-09-15 | ₹25.00 | annually | 2015-10-23 |
2014-09-17 | ₹20.00 | annually | 2014-10-26 |
2013-09-18 | ₹10.00 | annually | 2013-10-27 |
Indo National Dividend per year
Indo National Dividend growth
Indo National Dividend Yield
Indo National current trailing twelve-month (TTM) dividend yield is 0.92%. Interested in purchasing Indo National stock? Use our calculator to estimate your expected dividend yield:
Indo National Financial Ratios
Indo National Dividend FAQ
Other factors to consider when evaluating Indo National 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: Indo National'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, Indo National 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, Indo National 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 Indo National 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: Indo National 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, Indo National distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Indo National 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 Indo National'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 Indo National'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.