ITI Limited engages in the manufacture, sale, and servicing of telecommunication equipment primarily in India. Its telecom products and solutions include switching, transmission, access, and subscriber premises equipment. The company also offers energy meters, mini personal computers, 3D printing products, bank automation products, gigabit passive optical network OLT and ONT products, PCM multiplexers, ruggedized telephones for defense forces, smart and banking cards, set top boxes, hand held terminals for smart card authentication, and Wi-Fi equipment. In addition, it provides encryption devices for defense, solar power modules, switched mode power supply systems, Internet of Things products, radio modems, and AN rack hardware products. Further, the company trades in optical transport network products, such as DWDM; managed leased line network products; signaling point network products; IP/MPLS routers and switches; network management system solutions; microwave and satellite communication equipment; next generation network equipment; and information technology products and solutions. Additionally, it offers installation, commissioning, operation, and maintenance services; electronic contract manufacturing services; mechanical fabrication services; reliability engineering lab services; printed circuit board manufacturing services; data center hosting services; EMI/EMC and environmental testing of electronic products; 3D printing services; and component screening services. ITI Limited was founded in 1948 and is based in Bengaluru, India.
ITI Dividend Announcement
• ITI announced a annually dividend of ₹0.50 per ordinary share which will be made payable on 2002-10-02. Ex dividend date: 2002-09-12
• ITI's trailing twelve-month (TTM) dividend yield is -%
ITI Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2002-09-12 | ₹0.50 | annually | 2002-10-02 |
2001-08-27 | ₹0.50 | annually | 2001-10-01 |
2000-09-04 | ₹0.60 | annually | 2000-10-01 |
ITI Dividend per year
ITI Dividend growth
ITI Dividend Yield
ITI current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing ITI stock? Use our calculator to estimate your expected dividend yield:
ITI Financial Ratios
ITI Dividend FAQ
Other factors to consider when evaluating ITI 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: ITI'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, ITI 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, ITI 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 ITI 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: ITI 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, ITI distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: ITI 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 ITI'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 ITI'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.