Investment & Precision Castings Ltd. is a holding company, which engages in the investment casting business in India. Its products include automotive, pumps and valves, electrical and instrumentation, and general engineering. The company operates through the following segments: Investment Castings and Wind Mill. Investment & Precision Castings was founded on April 3, 1975 and is headquartered in Bhavnagar, India.
• Investment & Precision Castings announced a annually dividend of ₹1.00 per ordinary share which will be made payable on 2024-09-28. Ex dividend date: 2024-08-22 • Investment & Precision Castings annual dividend for 2024 was ₹1.00 • Investment & Precision Castings annual dividend for 2023 was ₹1.00 • Investment & Precision Castings's trailing twelve-month (TTM) dividend yield is 0.12% • Investment & Precision Castings's dividend growth over the last five years (2018-2023) was -16.74% year • Investment & Precision Castings's dividend growth over the last ten years (2013-2023) was 7.18% year
Investment & Precision Castings current trailing twelve-month (TTM) dividend yield is 0.12%. Interested in purchasing Investment & Precision Castings stock? Use our calculator to estimate your expected dividend yield:
Investment & Precision Castings Financial Ratios
P/E ratio69.86
PEG ratio0.70
P/B ratio4.55
ROE6.74%
Payout ratio0.00%
Current ratio1.07
Quick ratio0.60
Cash Ratio0.03
Investment & Precision Castings Dividend FAQ
How much is the next Investment & Precision Castings dividend?
Investment & Precision Castings's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Investment & Precision Castings dividend. The next Investment & Precision Castings dividend will be released in September.
When is Investment & Precision Castings dividend paid?
Investment & Precision Castings pays dividends on a annually basis. The specific dates may vary each year but are generally around September. 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 Investment & Precision Castings pay?
The specific amount of Investment & Precision Castings 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 Investment & Precision Castings's dividend history.
Does Investment & Precision Castings stock pay dividends?
Yes, Investment & Precision Castings 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 Investment & Precision Castings's dividend history.
How much dividend does Investment & Precision Castings pay?
Investment & Precision Castings paid ₹1.0 in 2024, ₹1.0 in 2023, ₹0.25 in 2022, ₹0.75 in 2021, and ₹0.1 in 2020.
How often does Investment & Precision Castings pay dividends?
Investment & Precision Castings typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around September.
What is Investment & Precision Castings's dividend yield?
The current dividend yield for Investment & Precision Castings is 0.12%. 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 Investment & Precision Castings's exact dividend yield.
When does Investment & Precision Castings go ex dividend?
Investment & Precision Castings's ex-dividend date for the latest dividend was on 2024-08-22. Investment & Precision Castings 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 Investment & Precision Castings dividend paid?
Investment & Precision Castings pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will Investment & Precision Castings 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 Investment & Precision Castings 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 Investment & Precision Castings dividend per share?
Investment & Precision Castings paid ₹1.0 per share in 2024 and ₹1.0 per share in 2023. The amount of dividend per share that Investment & Precision Castings 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 Investment & Precision Castings 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 Investment & Precision Castings 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 Investment & Precision Castings a dividend stock?
Yes, Investment & Precision Castings is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Investment & Precision Castings a good dividend stock?
Whether Investment & Precision Castings is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Investment & Precision Castings has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Investment & Precision Castings 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 Investment & Precision Castings pay dividends monthly?
Investment & Precision Castings typically pays dividends on a annually basis.
Does Investment & Precision Castings pay dividends quarterly?
Investment & Precision Castings currently pays dividends on a annually basis.
Has Investment & Precision Castings ever paid a dividend?
Yes, Investment & Precision Castings has a history of paying dividends to its shareholders. Investment & Precision Castings is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Investment & Precision Castings dividend stocks?
To buy Investment & Precision Castings 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 Investment & Precision Castings 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 Investment & Precision Castings pay dividends 2024?
Investment & Precision Castings pays dividends on a annually basis. 2024 dividend payments are in 2024-09-28. 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 Investment & Precision Castings increase its dividend in 2024?
Decisions regarding Investment & Precision Castings 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 Investment & Precision Castings dividend overview you can look into the above table of dividend history.
How Investment & Precision Castings dividend works?
The Investment & Precision Castings 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 Investment & Precision Castings's dividend process works:
1. Determination of Dividend: Investment & Precision Castings'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, Investment & Precision Castings 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, Investment & Precision Castings 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 Investment & Precision Castings 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 Investment & Precision Castings dividends paid?
Investment & Precision Castings dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Investment & Precision Castings 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, Investment & Precision Castings distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Investment & Precision Castings 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 Investment & Precision Castings pay dividends?
Investment & Precision Castings typically pays dividends on a annually 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 Investment & Precision Castings pay dividends?
The general pattern is that Investment & Precision Castings pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Investment & Precision Castings dividend safe?
The safety of Investment & Precision Castings'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 Investment & Precision Castings'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 Investment & Precision Castings'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.