ITD Cementation India Limited provides construction and civil engineering services in India. The company constructs maritime structures, including jetties, dolphins, service platforms, quay, berths on concrete and steel piles, solid gravity type wharf structures, ship lifts, dry docks, wet basins, and inclined berths; and offers break water and piled approach trestles, vertical and raker steel piles, undersea ground improvement, dredging and land reclamation, and coastal erosion protection and rock bund services. It also constructs highways, bridges, and flyovers; tunnels and airports; hydroelectric and irrigation projects comprising pumping stations, power houses, tunnels, intake structures, headrace tunnels, pressure shafts, and penstock pipes; mass rapid transport systems; and dams, and building and industrial structures. In addition, the company offers foundation and specialist engineering services comprising geotechnical investigations, piling, diaphragm walling, sandwicks/band drains, vibrofloatation stone-columns/vibro compaction, drilling and grouting, rock/soil anchors, colcrete, gunite/shotcrete, grouted mattress, and repairs/rehabilitation/underpinning services; and box pushing, tube heading, and microtunelling services. Further, it engages in the civil works for refinery, petrochemical, power, steel, and fertilizer plants; and design, construction, supply, installation, and commissioning of pipelines that include mechanical and electrical equipment, as well as operation work for water and waste water treatment plants, and pumping stations. The company was formerly known as Skanska Cementation India Limited and changed its name to ITD Cementation India Limited in May 2005. The company was founded in 1931 and is based in Mumbai, India.
ITD Cementation India Dividend Announcement
• ITD Cementation India announced a annually dividend of ₹1.70 per ordinary share which will be made payable on 2024-09-10. Ex dividend date: 2024-08-21
• ITD Cementation India annual dividend for 2024 was ₹1.70
• ITD Cementation India annual dividend for 2023 was ₹0.75
• ITD Cementation India's trailing twelve-month (TTM) dividend yield is 0.34%
• ITD Cementation India's dividend growth over the last five years (2018-2023) was 13.40% year
ITD Cementation India Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-21 | ₹1.70 | annually | 2024-09-10 |
2023-08-21 | ₹0.75 | annually | 2023-09-15 |
2022-09-14 | ₹0.45 | annually | 2022-10-10 |
2021-09-14 | ₹0.12 | annually | 2021-10-05 |
2020-09-15 | ₹0.30 | annually | 2020-09-30 |
2019-07-31 | ₹0.40 | annually | 2019-09-08 |
2018-05-02 | ₹0.40 | annually | 2018-05-16 |
2017-05-03 | ₹0.30 | annually | 2017-05-16 |
2014-04-28 | ₹1.00 | annually | 2014-05-16 |
2013-04-30 | ₹2.00 | annually | 2013-05-16 |
2012-04-25 | ₹2.00 | annually | 2012-05-10 |
2011-04-19 | ₹1.50 | annually | 2011-05-06 |
ITD Cementation India Dividend per year
ITD Cementation India Dividend growth
ITD Cementation India Dividend Yield
ITD Cementation India current trailing twelve-month (TTM) dividend yield is 0.34%. Interested in purchasing ITD Cementation India stock? Use our calculator to estimate your expected dividend yield:
ITD Cementation India Financial Ratios
ITD Cementation India Dividend FAQ
Other factors to consider when evaluating ITD Cementation India 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: ITD Cementation India'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, ITD Cementation India 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, ITD Cementation India 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 ITD Cementation India 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: ITD Cementation India 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, ITD Cementation India distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ITD Cementation India 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 ITD Cementation India'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 ITD Cementation India'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.