Ircon International Limited, together with its subsidiaries, provides construction services in India and internationally. The company's services include construction of new railway lines; rehabilitation/conversion of existing lines, station buildings and facilities, and bridges; regirdering of railway bridges, tunnels, and signaling and telecommunication networks; and railway electrification works. It is also involved in the wet leasing of locomotives; and setting up of production units for manufacture rolling stock, maintenance depots/workshops, concrete sleepers, and track components on turn-key basis. In addition, the company engages in the construction of roads and highways; bridges and flyovers; and commercial, institutional, industrial, and residential complexes, as well as airport hangers, station buildings and facilities, hospitals, business centers, workshops/warehouses, etc. Further, it provides electrification services; turnkey solutions for signaling and communication projects; and supplies plant and machinery for workshops, high speed lightweight passenger cars, and diesel electric locomotives, as well as leases and maintains diesel locomotives. The company was formerly known as Indian Railway Construction Company Limited. Ircon International Limited was incorporated in 1976 and is headquartered in New Delhi, India.
Ircon International Dividend Announcement
• Ircon International announced a semi annually dividend of ₹1.30 per ordinary share which will be made payable on 2024-10-12. Ex dividend date: 2024-09-05
• Ircon International annual dividend for 2024 was ₹3.10
• Ircon International annual dividend for 2023 was ₹3.00
• Ircon International's trailing twelve-month (TTM) dividend yield is 1.36%
Ircon International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-05 | ₹1.30 | semi annually | 2024-10-12 |
2024-02-16 | ₹1.80 | semi annually | 2024-03-09 |
2023-09-05 | ₹1.20 | semi annually | 2023-10-12 |
2023-02-17 | ₹1.80 | semi annually | 2023-03-10 |
2022-09-08 | ₹0.65 | semi annually | 2022-10-04 |
2022-02-21 | ₹0.70 | semi annually | 2022-03-16 |
2021-11-22 | ₹0.70 | semi annually | 2021-12-07 |
2021-09-16 | ₹1.70 | semi annually | 2021-10-24 |
2021-08-18 | ₹0.45 | semi annually | 2021-09-06 |
2021-02-23 | ₹1.30 | semi annually | 2021-03-03 |
2020-09-21 | ₹2.06 | semi annually | 2020-10-29 |
2020-02-20 | ₹13.45 | semi annually | 2020-03-02 |
2019-08-26 | ₹10.82 | semi annually | 2019-09-18 |
2019-02-15 | ₹10.72 | semi annually | 2019-03-09 |
Ircon International Dividend per year
Ircon International Dividend growth
Ircon International Dividend Yield
Ircon International current trailing twelve-month (TTM) dividend yield is 1.36%. Interested in purchasing Ircon International stock? Use our calculator to estimate your expected dividend yield:
Ircon International Financial Ratios
Ircon International Dividend FAQ
Other factors to consider when evaluating Ircon International 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: Ircon International'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, Ircon International 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, Ircon International 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 Ircon International 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: Ircon International 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, Ircon International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ircon International 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 Ircon International'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 Ircon International'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.