ISMT Limited manufactures and supplies seamless tubes and engineering steels for the oil and gas, power, construction equipment, automotive and general engineering, bearing, and other sectors in India. It operates through Tube and Steel segments. The company offers carbon, alloy, and martensitic stainless steel bars, including ultra-clean steels, free machining steels, bearing steels, and other engineered steel grades. It also provides OCTG products, such as high collapse casings; seamless tubes for hydraulic and pneumatic pressure lines; tubes for the mining and drilling industry; hollow bars; tubes for the power generation and energy industry; and auto components. In addition, the company offers bearings, including starter gears and spindle axles for automobiles; cages for constant velocity joints; multi-track sleeves for linear bearings; shaped tubes; OCTG couplings; inner races for bearings; and bearing rings. Further, it provides specialized tubes for the manufacture of hydraulic cylinders; rifled tubes for boilers; and structural tubes for use in office buildings, industrial structures and bridge construction, sports complexes and stadiums, airport terminals, agricultural and farming equipment, frame structures and body work for locomotives, machine buildings, off-shore installations, and ship building and material handling industries. The company also exports its products. ISMT Limited was incorporated in 1977 and is based in Pune, India.
ISMT Dividend Announcement
• ISMT announced a annually dividend of ₹0.50 per ordinary share which will be made payable on . Ex dividend date: 2024-03-15
• ISMT annual dividend for 2024 was ₹0.50
• ISMT's trailing twelve-month (TTM) dividend yield is 0.41%
ISMT Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-03-15 | ₹0.50 | annually | |
| 2012-09-13 | ₹0.75 | annually | 2012-10-27 |
| 2011-09-21 | ₹1.25 | annually | 2011-10-30 |
| 2010-11-03 | ₹1.00 | annually | 2010-12-15 |
| 2009-09-17 | ₹0.50 | annually | 2009-10-30 |
| 2009-04-08 | ₹0.50 | annually | 2009-04-20 |
| 2008-09-18 | ₹0.50 | annually | 2008-11-01 |
| 2007-11-15 | ₹1.00 | annually |
ISMT Dividend per year
ISMT Dividend growth
ISMT Dividend Yield
ISMT current trailing twelve-month (TTM) dividend yield is 0.41%. Interested in purchasing ISMT stock? Use our calculator to estimate your expected dividend yield:
ISMT Financial Ratios
P/E ratio22.60
PEG ratio0.99
P/B ratio2.24
ROE10.12%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00
ISMT Dividend FAQ
How much is the next ISMT dividend?
ISMT's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next ISMT dividend. The next ISMT dividend will be released in .
When is ISMT dividend paid?
ISMT pays dividends on a annually basis. The specific dates may vary each year but are generally around . 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 ISMT pay?
The specific amount of ISMT 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 ISMT's dividend history.
Does ISMT stock pay dividends?
Yes, ISMT 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 ISMT's dividend history.
How much dividend does ISMT pay?
ISMT paid ₹0.5 in 2024, ₹0.0 in 2023, ₹0.0 in 2022, ₹0.0 in 2021, and ₹0.0 in 2020.
How often does ISMT pay dividends?
ISMT 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 .
What is ISMT's dividend yield?
The current dividend yield for ISMT is 0.41%. 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 ISMT's exact dividend yield.
When does ISMT go ex dividend?
ISMT's ex-dividend date for the latest dividend was on 2024-03-15. ISMT 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 ISMT dividend paid?
ISMT pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will ISMT 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 ISMT 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 ISMT dividend per share?
ISMT paid ₹0.5 per share in 2024 and ₹0.0 per share in 2023. The amount of dividend per share that ISMT 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 ISMT 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 ISMT 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 ISMT a dividend stock?
Yes, ISMT is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is ISMT a good dividend stock?
Whether ISMT is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. ISMT has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating ISMT 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.
Other factors to consider when evaluating ISMT 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 ISMT pay dividends monthly?
ISMT typically pays dividends on a annually basis.
Does ISMT pay dividends quarterly?
ISMT currently pays dividends on a annually basis.
Has ISMT ever paid a dividend?
Yes, ISMT has a history of paying dividends to its shareholders. ISMT is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy ISMT dividend stocks?
To buy ISMT 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 ISMT 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.
Place an order: Use the brokerage's trading platform to place an order to buy ISMT 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 ISMT pay dividends 2024?
ISMT pays dividends on a annually basis. 2024 dividend payments are in . 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 ISMT increase its dividend in 2024?
Decisions regarding ISMT 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 ISMT dividend overview you can look into the above table of dividend history.
How ISMT dividend works?
The ISMT 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 ISMT's dividend process works:
1. Determination of Dividend: ISMT'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, ISMT 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, ISMT 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 ISMT 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. Determination of Dividend: ISMT'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, ISMT 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, ISMT 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 ISMT 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 ISMT dividends paid?
ISMT dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: ISMT 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, ISMT distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ISMT 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.
1. Record Date: ISMT 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, ISMT distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ISMT 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 ISMT pay dividends?
ISMT 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 ISMT pay dividends?
The general pattern is that ISMT pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is ISMT dividend safe?
The safety of ISMT'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 ISMT'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 ISMT'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.
To assess the safety of ISMT'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 ISMT'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.