Jamna Auto Industries Limited engages in the manufacture and sale of tapered leaf, parabolic springs, and lift axles under the JAI brand in India and internationally. It offers tapered multileaf springs that are used in commercial and special application vehicles. The company also provides parabolic springs for passenger cars; rear air suspensions used in city and intercity buses; steerable/non steerable lift axles; and bogie suspensions that are used in on-off highway applications. Jamna Auto Industries Limited was founded in 1954 and is based in New Delhi, India.
Jamna Auto Industries Dividend Announcement
• Jamna Auto Industries announced a semi annually dividend of ₹1.30 per ordinary share which will be made payable on 2024-10-05. Ex dividend date: 2024-08-29
• Jamna Auto Industries annual dividend for 2024 was ₹1.30
• Jamna Auto Industries annual dividend for 2023 was ₹2.20
• Jamna Auto Industries's trailing twelve-month (TTM) dividend yield is 2.18%
• Jamna Auto Industries's dividend growth over the last five years (2018-2023) was 15.94% year
• Jamna Auto Industries's dividend growth over the last ten years (2013-2023) was 0.96% year
Jamna Auto Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-29 | ₹1.30 | semi annually | 2024-10-05 |
2023-11-17 | ₹1.10 | semi annually | 2023-12-06 |
2023-07-21 | ₹1.10 | semi annually | 2023-08-30 |
2022-11-14 | ₹0.80 | semi annually | 2022-12-02 |
2022-08-11 | ₹1.00 | semi annually | 2022-09-18 |
2021-11-22 | ₹0.50 | semi annually | 2021-12-10 |
2021-09-14 | ₹0.50 | semi annually | 2021-10-22 |
2021-02-17 | ₹0.25 | semi annually | 2021-03-07 |
2020-03-18 | ₹0.22 | semi annually | 2020-03-31 |
2019-11-28 | ₹0.18 | semi annually | 2019-12-14 |
2019-11-21 | ₹0.18 | semi annually | |
2019-07-18 | ₹0.45 | semi annually | 2019-08-29 |
2018-11-29 | ₹0.50 | semi annually | 2018-12-12 |
2018-09-19 | ₹0.55 | semi annually | 2018-10-29 |
2017-11-21 | ₹0.30 | semi annually | 2017-12-11 |
2017-07-27 | ₹2.00 | semi annually | 2017-08-31 |
2016-11-22 | ₹1.50 | semi annually | 2016-12-09 |
2016-08-04 | ₹2.75 | semi annually | 2016-09-11 |
2015-09-23 | ₹2.20 | semi annually | 2015-10-29 |
2015-08-20 | ₹2.20 | semi annually | |
2014-08-21 | ₹1.00 | semi annually | 2014-09-15 |
2013-06-25 | ₹2.00 | semi annually | 2013-10-15 |
Jamna Auto Industries Dividend per year
Jamna Auto Industries Dividend growth
Jamna Auto Industries Dividend Yield
Jamna Auto Industries current trailing twelve-month (TTM) dividend yield is 2.18%. Interested in purchasing Jamna Auto Industries stock? Use our calculator to estimate your expected dividend yield:
Jamna Auto Industries Financial Ratios
Jamna Auto Industries Dividend FAQ
Other factors to consider when evaluating Jamna Auto Industries 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: Jamna Auto Industries'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, Jamna Auto Industries 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, Jamna Auto Industries 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 Jamna Auto Industries 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: Jamna Auto Industries 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, Jamna Auto Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Jamna Auto Industries 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 Jamna Auto Industries'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 Jamna Auto Industries'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.